HOUSTON (AP) — A possible agreement that could reduce the prison sentence of former Enron Corp. CEO Jeffrey Skilling for his role in the collapse of the once mighty energy giant is being discussed, according to the U.S. Justice Department.
The possibility of a sentencing agreement in the case was made public this week in a notice to victims of Enron's collapse.
"The Department of Justice is considering entering into a sentencing agreement with the defendant in this matter," the notice said. "Such a sentencing agreement could restrict the parties and the Court from recommending, arguing for, or imposing certain sentences or conditions of confinement. It could also restrict the parties from challenging certain issues on appeal, including the sentence ultimately imposed by the Court at a future sentencing hearing."
The notice did not specify how Skilling's sentence could be impacted if an agreement is reached. Skilling has been in prison since December 2006. He is currently serving his sentence in a low security facility outside of Denver.
Michael Passman, a Justice Department spokesman, declined to comment. Daniel Petrocelli, Skilling's attorney, did not immediately return a phone call or email seeking comment.
