Former Enron CEO Skilling sentenced to prison - Spokane, North Idaho News & Weather KHQ.com

Former Enron CEO Skilling sentenced to prison

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HOUSTON - Former Enron C-E-O Jeffrey Skilling has been sentenced to 24 years and four months in prison for his role in one of the biggest corporate scandals in U-S history.

The sentence is the harshest one handed down so far in the case that came to symbolize  corporate fraud in America. Skilling was the last top Enron official to be punished for the accounting tricks and shady business deals that cost thousands of jobs and more than $2 billion dollars in employee pension plans.

Before he was sentenced, Skilling told the judge that he's innocent -- but that he does have some remorse. He said the Enron collapse had been "very hard" on him, as well as on his family and friends, the community and Enron employees.

(Copyright 2006 by The Associated Press. All Rights Reserved.)

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