A request by former Enron chief Kenneth Lay's legal team to clear his name following his death in July is being opposed by government prosecutors, it emerged this week.
In papers filed in Houston's federal court on Wednesday, Lay's lawyers reportedly argued that:
"Despite what may have been proven at trial, the trial is deemed not to have taken place. Thus, at least in the eyes of the criminal court, the defendent is no longer a wrongdoer and has not defrauded or damaged anyone."
However, the government is not keen to call off its pursuit of the more than $40 million in undeserved profits allegedly pocketed by Mr Lay, and has pledged to oppose efforts to wipe the slate clean following his demise.
Speaking to the Associated Press this week, a spokesman for the Department of Justice stated that the DoJ "remains committed to pursuing all available legal remedies and to reclaim for victims the proceeds of crimes committed by Ken Lay".
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