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| For Immediate Release | |
| Dec 5, 2001 | Contact: Press Office 202-646-5172 |
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Public Interest Law Firm Will Scrutinize Political Contributions, Influence and Decisions to Investigate or Indict Responsible Officers (Washington, DC) Judicial Watch, the public interest law firm that investigates and prosecutes government abuse and corruption, said today that it will begin an investigation into the Enron Corporation’s financial collapse. Enron has filed the largest Chapter 11 bankruptcy in U.S. history, sending shockwaves through world financial markets and leaving thousands of Americans unemployed. Enron Corporation and its senior executives have a long and “bi-partisan” history of making large and frequent political contributions to both Democrats and Republicans. Former President Bill Clinton and President George W. Bush both benefitted greatly from the contributions and support of Enron’s leadership – particularly Chairman Kenneth Lay. As the Treasury Department, Securities and Exchange Commission and the Department of Justice investigate Enron’s financial collapse, Judicial Watch will conduct a parallel investigation to ensure the American public have access to all information, reports and materials. Judicial Watch will also carefully monitor the decisions as to whether indictments, and other legal proceedings are brought for securities fraud, and against whom they are brought. “Kenneth Lay and Enron have lined the pockets of both Democrats and Republicans. They have also, apparently, committed one of the biggest securities frauds in world history, adversely affecting the livelihood of millions of families. Now, it will be important to make sure that they are held accountable under the law. Because no one is above the law,” stated Judicial Watch Chairman and General Counsel Larry Klayman. |
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