Arthur Andersen convicted of obstructing justice in Enron saga

Former Big Five accounting firm Arthur Andersen LLP was convicted of obstructing justice by destroying tonnes of documents related to its former client, Enron Corp.

A US federal jury concluded that Andersen staffers conspired to pulp or erase Enron-related documents as the Houston energy trader headed towards a meltdown in late 2001 in the full spotlight of an official investigation.