Ex-Enron Chief Not Guilty, Widow Says

Feds want $13M from his estate, but must re-prove crimes
By Zach Samalin,  Newser Staff
Posted Nov 30, 2007 9:33 PM CST
Kenneth Lay pictured with widow, Linda, before taking the stand.   (Getty Images)
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(Newser) – Ex-Enron chief Ken Lay is innocent, and the feds shouldn't drain $13 million from his estate in a civil suit—at least not according to his widow. Linda Lay's filing today denies "any criminal activity on the part of Kenneth L. Lay, including his alleged participation in securities fraud, wire fraud, conspiracy or money laundering," the Houston Chronicle reports.

Prosecutors have their eyes on the Lays' $6 million condo, which they say he paid for illegally. But because Lay died, and his record was erased, the feds must re-prove all fraud and conspiracy counts against him linked to the Enron scandal. No date is set for the trial, which Linda Lay tried and failed to have dismissed about two weeks ago. (Read more Enron stories.)