Blog

By: Jeralyn Merritt

Category: Panorama

Posted: November 7, 2005 3:15 PM

Tags: Crime

Qwest's Joe Nachhio: Indictment May Be Looming

The Rocky Mountain News had an interesting article Saturday on former Qwest honcho Joe Nacchio. It appears Joe Nacchio may be indicted by the end of this year, through an assist from cooperating defendant Robin Szeliga. Not only are Nachhio's reps not denying the speculation, they sound like they too are expecting an indictment:

Marcia Horowitz, Nacchio's spokeswoman, on Friday referred to a statement this week in which Nacchio reiterated his innocence. "Mr. Nacchio has repeatedly denied any wrongdoing and will . . . fully assert his rights and defenses as Qwest's former CEO," his attorney Charles Stillman said Tuesday.
Comments

[...] analysts became increasingly skeptical of the company’s financial results. As 5280 suggested here, the case against Nacchio may depend significantly upon the testimony of former Qwest Chief Finan [...]

[...] f he hasn’t done so already. The case against Nacchio may have become stronger when Robin Szeliga pleaded guilty in a deal that allowed her to receive a sentencing concession in exchange for her c [...]

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