With the sentence reduction and time off for good behaviour, he could go free in 2017.
This year, a record number of CEOs were ousted. Some were fired, some retired, and some even died. But a great number were also sent to prison. . .
A federal appeals court in the US has denied bail to the former CEO of Enron Corp and ordered him to report to prison immediately to serve a 24-years prison sentence for securities fraud and conspiracy.
Former Enron chief executive Jeffrey Skilling was on Monday sentenced to more than 24 years in jail for massive fraud and conspiracy in one of the biggest scandals in US corporate history.
The former McKinsey India head is presently on board of many big Indian conglomerates.
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