Central Banking

Gerashchenko angry at MPs for changing auditor

The following are excerpts from report by Russian newspaper 'Segodnya' on 25 November 200.

State Duma deputies yesterday made the decision that the Bank of Russia's annual accounts for 2000 will be audited by Deloitte & Touche and that the firm Finansovyye i Bankovskiye Konsultanty (FBK) will act as co-executor...

Central bank head Viktor Gerashchenko tried until the bitter end, however, to defend PriceWaterhouseCoopers (PWC), which has now become the central bank's "own" firm.

As Mikhail Zadorn

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