ABC Money
Home

Coke secrets closing arguments heard


Published :
Wed, 31 Jan 2007 17:26
By : Agencies
Print this Story


AddThis Social Bookmark Button

ATLANTA (AFX) - A former Coca-Cola secretary was deeply in debt, unhappy in her job and seeking a big payday, so she conspired to steal trade secrets from the beverage maker in a bid to sell them to Pepsi, a prosecutor said Wednesday during closing arguments in the woman's trial.

Assistant U.S. Attorney Byung J. Pak said the case against Joya Williams 'is about desperate times calling for desperate criminal measures.'

Williams' lawyer, Janice Singer, asked jurors to use their common sense in deciding whether the government had proved its case beyond a reasonable doubt.

'They have absolutely, 100 percent failed to meet that burden,' Singer said during her closing argument.

The government has alleged that Williams, 41, stole confidential documents and samples of products that hadn't been launched by The Coca-Cola Co. She then gave them to Ibrahim Dimson and Edmund Duhaney as part of a conspiracy to sell the items to Purchase, N.Y.-based PepsiCo Inc. for at least $1.5 million, prosecutors allege.

Dimson and Duhaney have pleaded guilty and are awaiting sentencing. Duhaney testified previously that Williams spearheaded the scheme. Dimson did not testify.

Williams was fired as a secretary to Coca-Cola's global brand director at the company's Atlanta headquarters after the allegations came to light last year.

During two days on the stand earlier this week, Williams testified that she didn't steal anything from Coke, but rather took documents and product samples home to protect herself in case her boss questioned whether she was doing her job.

She also claimed that $4,000 in cash she deposited into her bank account in June 2006, just days after Dimson was given $30,000 in cash from an undercover FBI agent in exchange for Coke materials, came from a friend, not from Dimson.

But the friend, Clifton Carroll, testified Tuesday that Williams was lying; he said the most money he ever loaned her was $400, and that was after her July 5 arrest.

Williams' lawyer has suggested that Dimson and Duhaney stole the documents and product samples from Williams without her knowledge and conspired to sell them to Pepsi behind her back. Williams testified she left a key under her doormat for one of the co-defendants, perhaps explaining how they could have gotten into her home.

But Pak said during his closing argument Wednesday that the key under the mat claim was another lie told by Williams.

'The fact of the matter was there was no key under the mat,' Pak told jurors. 'That did not happen. Mr. Dimson had an insider, and that was Ms. Williams.'

Defense lawyer Singer told jurors it was Duhaney who lied when he claimed on the stand that the conspiracy was Williams' idea.

She noted that Duhaney, who met Dimson in federal prison while they were both serving time, testified as part of a plea agreement with the government.

'It gives him a motive to lie,' Singer said. 'But Mr. Duhaney doesn't really need a motive to lie. He has a pattern of lying.'

Copyright 2006 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.




Share on


 You Might Like
Friend contradicts former Coke worker
Friend of defendant speaks at Coke trial
+
Coca-Cola trade secrets trial to start
Coca-Cola trade secrets trial to open

Comment on this Article
Comment:
Title:
Name:
Please Enter
 
Here
  

 Search News

 Look For
Business
Credit cards
Finance
Loans
Money
Mortgages

 
 Stock Quotes *
SYMBOL
LAST
CHANGE
DOW JONES
8769.70
-245.40 ( -2.73 %)
NASDAQ
1599.06
-53.32 ( -3.29 %)
FTSE 100
4507.51
-131.41 ( -2.83 %)

SYMBOL ( 2009-01-07 )
LAST
CHANGE
3I GROUP ( 11:35am )
362.50
+20.25 ( 5.97 %)
NORTHERN ROCK ( 11:35am )
182.00
+19.04 ( 11.20 %)
HAMMERSON ( 11:35am )
613.00
+16.50 ( 2.75 %)
PERSIMMON PLC ( 11:35am )
279.75
+15.50 ( 5.92 %)
GLAXOSMITHKLINE ( 11:35am )
1282.00
+12.00 ( 0.94 %)

SYMBOL ( 2009-01-07 )
LAST
CHANGE
VERIZON COMMUNICATIONS INC ( 4:00pm )
31.90
+0.40 ( 1.26 %)
COCA COLA CO ( 4:00pm )
44.93
+0.22 ( 0.50 %)
GENERAL MOTORS ( 4:00pm )
4.13
+0.19 ( 4.74 %)
ALTRIA GROUP INC ( 4:02pm )
15.09
-0.06 ( -0.40 %)
AMERICAN INTERNATIONAL GROUP INC ( 4:04pm )
1.64
-0.10 ( -5.81 %)

SYMBOL ( 2009-01-07 )
LAST
CHANGE
MITSUI & CO LTD ( 3:59pm )
220.00
+10.00 ( 4.83 %)
COMM BANCORP INC ( 9:30am )
39.48
+4.47 ( 11.32 %)
CRUCELL NV ADS ( 3:47pm )
20.50
+4.43 ( 27.95 %)
ISRAMCO INC ( 1:42pm )
31.25
+4.39 ( 14.49 %)
NETSCOUT SYSTEMS I ( 4:00pm )
13.29
+3.05 ( 24.74 %)

Gainers & Losers
Dow Jones
Euro Stoxx 50
FTSE 100
FTSE 250
FTSE AIM
FTSE ALL
Nasdaq

 Portfolio Manager

You must log in to access this area of the site. If you are not a registered user click here to sign up for instant access!


 Finance Explained

Money making ideas

Save money

Money management
Savings accounts
Investing money
Share dealing
Stock broker
Forex currency trading
Pension plans
Functions of Money

(c) 2007 ABCmoney.co.uk, All Rights Reserved
*ABCMoney.co.uk does not guarantee the accuracy of any share prices or stock quotations displayed. These are not real time quotes; all are delayed by at least twenty minutes and are for information purposes only.