Bernard Ebbers - Congressional Hearing

Congressional Hearing

In response to a subpoena, Ebbers appeared before the U.S. House Committee on Financial Services on July 8, 2002. At these hearings Ebbers stated "I do not believe I have anything to hide, I believe that no one will conclude that I engaged in any criminal or fraudulent conduct." After making this statement Ebbers asserted his Fifth Amendment right against self-incrimination.

Following his actions, Ebbers was threatened with Contempt of Congress charges. The basis of the allegation was that Ebbers' statement constituted testimony that could not be cross-examined. No charge of contempt was ever filed.

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