Congressional investigators examining collapse are homing in on a subsidiary formed in 1997, in the expectation that a fraud case could be built on the questionable way it was treated in the company accounts. They are seeking to discover who knew of the accounting treatment of Chewco, a private entity set up by Andrew Fastow, Enron's former cfo, to buy Enron assets and move them off its balance sheet (Financial Times, 2/14).
February 14, 2002