USA Today: Enron Spent $2.5 Million on Lobbying

WASHINGTON (Reuters) - The collapsed energy trading company Enron Corp. spent nearly $2.5
million lobbying the Bush administration in the first half of 2001, not $825,000 as it first reported, USA
Today reported Friday.

According to an amended lobbying report Enron filed with Congress earlier this month, the firm spent
at least $2.46 million on efforts to influence the White House, Treasury and Commerce departments
and other agencies early in the term of President Bush, a top beneficiary of Enron campaign
contributions, USA Today said.

The company initially reported spending $825,000 on Washington lobbying from January through June
2001. USA Today said Enron filed an amendment after a January analysis by the Washington-based
Center for Responsive Politics, a campaign finance watchdog group, raised questions about the
accuracy of the initial report.

The newspaper said the Enron amendment was not signed by anyone at the company but was filed
with a letter from the firm's lawyer, Kenneth Gross. Gross was cited as saying that the remaining Enron
employees found it difficult to compile definitive lobbying data after the firm's December filing for
bankruptcy protection and mass layoffs.

``Unfortunately, virtually all the Enron employees who worked in the Washington, D.C., office are no
longer with the company,'' Gross wrote.

Ten congressional committees, the Securities and Exchange Commission and the Justice Department
are investigating Enron's collapse, which destroyed thousands of jobs and billions of dollars in investor
equity. An internal inquiry ordered by Enron's board alleged senior managers used off-the-books
partnerships to hide losses, fool investors and enrich themselves.
 

Privacy Policy
. .