US reaches deal to reduce Skilling sentence | Bangkok Post: news

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US reaches deal to reduce Skilling sentence

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The prison sentence of disgraced former Enron chief executive Jeff Skilling will be cut by as much as 10 years under a deal announced Wednesday by federal criminal prosecutors. 

The prison sentence of disgraced former Enron chief executive Jeff Skilling, pictured May 25, 2006, will be cut by as much as 10 years under a deal announced Wednesday by federal criminal prosecutors.

Currently in prison on a 24 year sentence for for securities fraud, false statements and other charges, Skilling will see his jail term reduced to between 14 years and 17 and a half years under the agreement that will end his long battle against conviction.

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