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The Hong Kong-China unit of auditor Andersen said it'd combine with rival PricewaterhouseCoopers, wiping the Andersen name from the region as an early step in the group's breakup; Andersen partners in Asia are taking a different line from colleagues in Europe, where KPMG is the preferred partner.
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Among those detained by the police are a lawyer and close associate of Mr. Tanzi, Gian Paolo Zini; the chairman of the Italian unit of the auditors Grant Thornton, Lorenzo Penca; and one of the accounting firm's partners, Maurizio Bianchi.
The former Italy unit of global auditors Grant Thornton said on Friday that its expulsion from the umbrella group over the Parmalat scandal was "unfair and arbitrary," and that it would continue working under a new name.
Two more European units of ailing auditor Arthur Andersen neared merger deals with rival firms as legal wrangling in the U.S. neared a critical point.
Satyam's auditor, Price Waterhouse, a unit of PricewaterhouseCoopers, signed off on the company's financial statements for years and is now being investigated by India's accounting board.
On Friday, Indian authorities took over the company's board; the market regulator introduced new checks on company audits; the Indian accounting board started investigating Satyam's auditor, the local unit of PricewaterhouseCoopers; and state police arrested Mr. Raju and his brother, Rama Raju, a former company executive who had continued to hold a seat on Satyam's board until resigning last week.
Mr. Raju, along with two other top Satyam executives, and two auditors from Price Waterhouse, the India unit of Price WaterhouseCoopers, have been arrested.
The Italian unit of Grant Thornoton audited Parmalat until an Italian law required a change of auditors in 1999.
The bride's father is an auditor there with the Copal camera lens manufacturing unit of the Nidec Corporation of Kyoto, Japan.
Michael Ovitz has been sued by a former executive who contends she was dismissed after telling auditors at Vivendi Universal that the movie unit of Mr. Ovitz's Artists Management Group was misusing money from a joint venture.
The only auditor on the committee is Katsuaki Takiguchi, who previously led a unit of Deloitte Touche Tohmatsu that worked on corporate reorganizations.
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