BusinessCompany NewsEmail exposes ex-WorldCom exec

Email exposes ex-WorldCom exec

A senior WorldCom executive tried to stop another member of staff discussing the company's books with auditors, Andersen, according to a congressional committee.

Link: Click here for more on WorldCom

Investigators searching WorldCom’s servers have found an email from former WorldCom controller David Myers, who was charged on 1 August with fraud for allegedly helping to hide billions in expenses, telling a London-based executive to stop talking to audit firm Andersen.

According to USAToday Steven Brabbs was told: ‘I do not want to hear an excuse, just stop. Don’t make me ask you again.’

The emails were released by the House Financial Services Committee, which is investigating WorldCom: ‘It shows you the opposition that [Brabbs] ran into and the intimidation he encountered,’ said panel spokeswoman Peggy Peterson.

A previously released email showed Brabbs being rebuked for questioning WorldCom’s accounting in 2000. He says he questioned an entry that reduced expenses by $33.6m. WorldCom says it is cooperating with all investigations.

Related Articles

BDO replaces Deloitte as Mitie auditor

Audit BDO replaces Deloitte as Mitie auditor

4w Emma Smith, Managing Editor
CVR Global appoints partner in London office

Company News CVR Global appoints partner in London office

5m Alia Shoaib, Reporter
FTSE100 failing to provide adequate ethics information

Company News FTSE100 failing to provide adequate ethics information

5m Alia Shoaib, Reporter
Brand strength leads to fee income growth for RSM

Accounting Firms Brand strength leads to fee income growth for RSM

8m Emma Smith, Managing Editor
Mazars strengthens audit team with partner appointment

Accounting Firms Mazars strengthens audit team with partner appointment

8m Emma Smith, Managing Editor
Moore Stephens recruits new private client partner

Accounting Firms Moore Stephens recruits new private client partner

8m Emma Smith, Managing Editor
Magma Group announces merger, partner promotions

Accounting Firms Magma Group announces merger, partner promotions

8m Emma Smith, Managing Editor
BDO on ‘recruitment spree’ with multiple partner appointments

Accounting Firms BDO on ‘recruitment spree’ with multiple partner appointments

8m Emma Smith, Managing Editor