Skilling led Enron’s transformation from a sleepy natural gas pipeline company into a global energy trading powerhouse, which disintegrated in bankruptcy in 2001.
Convicted in May 2006 of 19 counts of conspiracy, securities fraud, insider trading and lying to auditors, Skilling is currently in prison in Colorado.
The US Supreme Court in June set aside a ruling that upheld the conspiracy conviction of Skilling, and sent the case back for more proceedings.
The one-sentence order dated today said: “It is ordered that the motion for bail pending appeal filed by appellant Jeffrey Skilling is denied.”
No reason was given for the decision, which was signed by US Circuit Judge Edward Prado.
A lawyer for Skilling could not immediately be reached for comment. — Reuters