US seeks to block Enron, Andersen from new government contracts

The General Services Administration Mar. 15 suspended Enron Corp., related Enron corporate entities, several former Enron officials, the accounting firm Arthur Andersen LLP, and a former Andersen official from conducting new business with the federal government. GSA said the suspension is for 12 months for all parties except for Andersen, whose suspension remains as long as it is under indictment.The US Department of Justice alleges that at numerous locations throughout the world Andersen officials knowingly destroyed documents and other information relating to the auditor's work for Enron and that it was done to impede a DOJ investigation of Enron's financial collapse.Anderson ma...

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