Adelphia Trial Drags To A Close

28 June 2004

The jury is expected to begin its deliberations today (Monday) in the long-running Adelphia Communications hearing.

The eighteen-week trial is seen in some circles as one of America's most sensational post-Enron corporate scandals. It centres on fraud allegations against the cable television company's founder, 79-year-old John Rigas, his sons Timothy and Michael and another executive, Michael Mulcahey.

The quartet deny plundering $3.2 billion (€2.6bn; £1.7bn) from the company as it slid towards bankruptcy two years ago.

But federal prosecutors accuse the Rigas family of effectively treating a public company as their personal bank. For its part the defence has argued that the authorities are obsessed with "overthrowing" the family.

The case is so complicated that the judge has given jurors a 100-page booklet of instructions in a bid to clarify matters.

Data sourced from: New York Times; additional content by WARC staff