November 29, 2007
NatWest Three Plead Guilty to Enron Charges
Three British bankers pleaded guilty in Houston to Enron-related charges that they conspired with Andrew Fastow to enrich themselves at the expense of their employer, the National Westminster Bank of England. They also agreed to repay the bank $7.5 million. Their trial was scheduled to start in January. The extradiction of "the NatWest Three" created controversy in Great Britain in 2006. NYTimes, 3 Bankers Plead Guilty in Case Tied to Enron; WSJ, Three British Bankers Enter Guilty Plea in Enron Case.
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