Coke Trade Secrets Trial Nears the End

01 February 2007

ATLANTA: The jury at the Coca-Cola Company secrets trial heard a witness deny giving $4,000 (€3,091; £2,047) to defendant Joya Williams, contradicting her testimony that the cash deposited in her bank account was a loan from businessman Clifton Carroll.

FBI undercover agent Jerry Reichard had previously told the Atlanta court that the cash was paid into Williams' account three days after he had given her alleged co-conspirator Ibrahim Dimson $30,000 as part of 'Project Lancelot' - a sting operation to flush out a £1.5 million plot to sell Coke secrets to rival PepsiCo [WARC News: 31-Jan-07].

Dimson, and Williams' family friend Edmund Duhaney, have already pled guilty to the conspiracy, exposed last summer.

The former Coke secretary strongly denies any part in the crime. She claims she was duped by the two men who tried to sell the trade secrets behind her back.

The court is expected to hear closing arguments mid-week, after which the jury will begin its deliberations.

Data sourced from Wall Street Journal Online; additional content by WARC staff