Indonesian Political, Business & Finance News

Grant Thornton clarifies

Grant Thornton clarifies

JAKARTA: Grant Thornton International (GTI) denied on Monday its
involvement in auditing PT Telkom, which was questioned by the
Securities and Exchange Commission (SEC) of the New York Stock
Exchange.

In a press release, Grant Thornton clarified that "neither
Grant Thornton International nor any of its member firms,
including Grant Thornton LLP (United States) and Grant Thornton
Hendrawinata (Indonesia), have been engaged to perform any
procedures relating to the audit of Telkom and never had any
responsibility for the audit of the company's consolidated
financial statement for any period."

The release said that the audit in question was conducted by
Eddy Pianto, an affiliate of a former GTI member in Indonesia.

GTI continued to be represented in Indonesia by Grant Thornton
Hendrawinata (since 1993), who at no time had any involvement in
the audit of Telkom, stated the release. --JP

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