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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Jim Willie CB who wrote (46122)1/10/2002 4:25:28 PM
From: stockman_scott  Read Replies (3) of 65232
 
U.S. lawmaker mulls prosecution of Enron auditor

Thursday January 10, 4:18 pm Eastern Time

WASHINGTON, Jan 10 (Reuters) - The chairman of the House Energy and Commerce Committee on Thursday said accounting firm Andersen destroyed ``thousands'' of documents related to its auditing of fallen energy giant Enron Corp. (NYSE:ENE - news), and should be prosecuted if it acted intentionally.

``Anyone that destroys records to try to subvert our investigation should be prosecuted,'' said Rep. Billy Tauzin of Louisiana, referring to Andersen, speaking through a spokesman.

Accounting giant Andersen, which has come under fire from investors and lawmakers for signing off on Enron's books, said it had notified the Securities and Exchange Commission and Department of Justice that ``in recent months individuals ... disposed of a significant but undetermined number of electronic and paper documents and correspondence relating to the Enron engagement.''
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