KazTransOil CJSC not intended to refuse Arthur Andersen services in spite of scandal over ENRON auditing

12.02.02 00:00
/IRBIS, Feb 12, 02/ - Despite of international scandal over the auditing of the American energy giant ENRON by Arthur Andersen, KazTransOil CJSC (Astana) does not intend to refuse the services offered by this company in this year, is said in the message distributed by PR service of KazTransOil CJSC today. It is said that by stating this KazTransOil CJSC is moving towards its partner with whom it had business since 1998. Kazakhstani branch of Arthur Andersen has audited 3 annual reports of KazTransOil CJSC. The agreement on continuing the cooperation was achieved on February 12, 2002 between the general director of KazTransOil CJSC, Abai Sadykov and top managers of Arthur Andersen: managing director in CIS, Hans Johan Horn and managing director in Central Asia, Doug Gardner. Explaining the situation with ENRON, Mr. Horn has positioned the actions taken by Arthur Andersen, stating that the major policy of the company is the transparency. Finally, the companies expressed mutual satisfaction with the cooperation results and agreed on further close relations, is said.