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Newspaper
Aiken Standard
Location
Aiken, South Carolina, United States of America
Date
Apr 26, 2006
Page
13
Kenneth Lay said the media undercut Enron’s strengths before its 2001 collapse and restated earnings cut nearly $600 million in profit over four years. He linked the restatement to the ongoing market firestorm, while denying criminal ties.
The House approved legislation imposing up to 20 years in prison for fraudulently obtaining private phone records. The bill targets those who use deception to gather confidential data to commit violent acts including domestic violence stalking and threats to witnesses jurors and law enforcement. It passed 409 to 0.
Treasury inspectors warn IRS method underestimates the tax gap the difference between taxes owed and taxes collected. The 2001 figure of 345 billion dollars may not capture all unpaid taxes from nonfilers underreporting income and unpaid taxes by those who file but do not pay.
Jurors in Zacarias Moussaoui's trial completed a second day of deliberations totaling 9 3/4 hours without a verdict on death or life in prison. Judge Brinkema denied a defense request for a dictionary and warned jurors against researching definitions. Moussaoui, amid tension, referenced a dream about President Bush releasing him. His mother, stranded in Paris, called life hell and blamed scapegoating for the attacks.
Egyptian authorities raided Dahab after triple bombings that killed 24 tourists. Police arrested 30 men as terror networks eluded large-scale sweeps and tourism revenue, a key foreign exchange earner, faced renewed pressure. Radical groups condemned the attacks while Hamas denounced them as criminal.
The U N Security Council imposes sanctions on four men accused of killings rapes and rights abuses in Darfur. China and Russia abstain Qatar also abstains citing insufficient proof. The move signals a global response after three years of conflict that left about 180 000 dead.
Tens of thousands fill Katmandu streets after Nepal's opposition calls off weeks of anti monarchy protests that forced the king to restore Parliament. Rebel allies condemn the move as a betrayal as the political crisis remains unresolved while opposition leaders nominate a former prime minister to lead the new government.
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