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Legal News

: International and UK Law

Enron case draws to close as Citigroup pays creditors $1.6bn$

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Citigroup succumbed yesterday to the creditors of Enron, the energy group that collapsed in 2001, and agreed to pay $1.66 billion ($£827 million) to settle accusations that it conspired with officials at the company to manipulate the group's finances.

Full post as published by International and UK Law on March 26, 2008 (boomark / email).

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