Monday, January 05, 2009

Madoff auditor to get grilled by investigators


David Friehling, the auditor at the accounting firm that signed off Bernard Madoff's books, has been subpoenaed

David Friehling, the auditor at the accounting firm that signed off Bernard Madoff's books, has been subpoenaed by investigators.

Friehling & Horowitz audited Madoff's financial statements for decades, according to press reports.

In the UK, Mark Byers, Andrew Hosking and Steve Akers, all partners at Grant Thornton have been appointed joint provisional liquidators of Madoff Securities International Limited.

The joint provisional liquidators will be assessing the assets and liabilities of the company, and will be cooperating with the Financial Services Authority in the UK and the various authorities in the United States.

See full Article.