June 27, 2003	Friday	Rabi-us-Sani 26,1424

WASHINGTON, June 26: The US Labour Department sued Enron Corp and about 20 of its executives on Thursday on charges they helped cause the loss of millions of dollars from the failed energy trader’s pension plans.

Labour Secretary Elaine Chao said the suit, filed in a Houston, Texas federal court, was the first to name Enron’s former chief executives Kenneth Lay and Jeffrey Skilling and former members of the firm’s board of directors and the committee that administered its retirement plans.

“Enron employees had a right to expect that their retirement savings would be managed with prudence”.—AFP