WASHINGTON (Reuters) - New evidence shows Enron Corp. was still manipulating energy markets a year after the company claims it stopped, a Democratic senator said on Thursday, asking that lawmakers haul the company back to Capitol Hill to explain the discrepancy.
Internal documents and audiotapes revealed that Enron continued manipulative trading practices virtually until its bankruptcy in December 2001 although executives told Congress in sworn testimony that those kinds of strategies stopped in December 2000, said Sen. Maria Cantwell of Washington state.
Cantwell lives in a county where the local utility is battling Enron in court. She asked the Senate Commerce and the Senate Energy and Natural Resources committees to hold hearings on the new evidence, obtained through legal and regulatory proceedings.
Enron Misled Congress on Market Scheme|