WorldCom's Inc.'s former Chief Financial Officer Scott Sullivan faces charges of alleged bank fraud on top of early indictments relating to the $11 billion accounting scandal that pushed the telephone companyinto bankruptcy.
Sullivan, who was fired from WorldCom in June, could not be immediately reached for comment. His attorney did not immediately return calls seeking comment.
The indictment of Sullivan expanded upon a criminalcomplaint filed against him by federal prosecutors on Aug. 1.
The grand jury indictment paves the way for a trial inManhattan federal court.
The 11-point indictment includes new charges of allegedbank fraud, as well as charges of making false statements inconnection with loan and credit applications and submittingfalse documents to the U.S. Securities and Exchange Commission,according to the indictment.
Sullivan has been fighting the charges.WorldCom filed for bankruptcy in July under $41 billion indebt and a growing accounting scandal, which prosecutors allegewas orchestrated by Sullivan.
Since then, WorldCom, Enron Corp.and Adelphia Communications Corp. have come to personify thestorm of allegations surrounding corporate accounting practicesand ethics.