WASHINGTON (AFP) — Enron Corp.

WASHINGTON (AFP) — Enron Corp. has said it had agreed a arrangement with Merrill Lynch under which the Wall road bank will pay the bankrupt bottom group 29.5 million dollars to free from doubt fraud claims.

Enron filed for bankruptcy in 2001 sparking a direction probe of its off-the-books accounting and prosecutions of top executives for fraud. Its former chairman Kenneth Lay, convicted of fraud in May, died Wednesday of an apparent heart attack.

Enron has been trying to strike discharges with a number of banks.

Merrill, which helped Enron texture complex deals before its demise, has agreed to pay Enron 295 million dollars to make clear so-called "Megaclaims" litigation.

Under the deal, the banking titan has also