PracticeAccounting FirmsMadoff auditor to get grilled by investigators

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.

Steve Akers said: ‘Our appointment has been effected with the full support
and cooperation of Lee Richards, a partner in the US law firm Richards Kibbe
& Orbe, the Receiver appointed in the United States.

‘We expect that we will need to take some time in assessing the affairs of
the company: however our initial objective will be to safeguard its assets. We
have begun our initial forensic investigation.’

Related Articles

Grant Thornton grows profits while radically reshaping portfolio

Accounting Firms Grant Thornton grows profits while radically reshaping portfolio

1m Alia Shoaib, Reporter
Grant Thornton reports gender pay gap at 26.6%

Accounting Firms Grant Thornton reports gender pay gap at 26.6%

2m Alia Shoaib, Reporter
Grant Thornton expands financial services regulatory team

Accounting Firms Grant Thornton expands financial services regulatory team

4m Austin Clark, Reporter
Grant Thornton appoints new partner

Accounting Firms Grant Thornton appoints new partner

5m Emma Smith, Managing Editor
Grant Thornton appoints new independent non-executive director

Accounting Firms Grant Thornton appoints new independent non-executive director

7m Emma Smith, Managing Editor
Grant Thornton makes transaction advisory services appointment

Accounting Firms Grant Thornton makes transaction advisory services appointment

7m Emma Smith, Managing Editor
Grant Thornton appoints new tax director

Accounting Firms Grant Thornton appoints new tax director

8m Emma Smith, Managing Editor
Grant Thornton strengthens team with two key appointments

Accounting Firms Grant Thornton strengthens team with two key appointments

8m Emma Smith, Managing Editor