Witness: Ebbers Wasn’t Involved in Accounting
From Associated Press
WorldCom Inc.’s former controller, David Myers, testified in federal court in New York that he never knew former Chief Executive Bernard J. Ebbers to make an accounting decision as the company slid into a financial abyss and began hiding billions of dollars in expenses to fool Wall Street.
Accused of overseeing an $11-billion accounting fraud at WorldCom, now known as MCI Inc., Ebbers faces fraud, conspiracy and false filings charges that together carry a top penalty of 85 years in prison.
