EDS rejects WorldCom accounting allegations

'Unfounded'

By Tim Richardson • Get more from this author

Posted in Business, 22nd July 2002 14:34 GMT

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EDS - the outfit that provides IT and consulting services to companies and government agencies - has dismissed allegations concerning its financial dealings with WorldCom.

The Observer reported yesterday that a former WorldCom UK employee turned whistleblower has produced copies of invoices from EDS to WorldCom which allegedly exaggerate WorldCom's profits.

Geraldine Kelly - a British woman who has already raised concerns about WorldCom to the Department of Trade - is calling on the Government to investigate the dealing between the two companies.

However, a spokeswoman for EDS told The Register that the "allegations are unfounded".

Kelly - who has hired publicist Max Clifford to represent her - is one of a number of whistleblowers who've come to light since the WorldCom accounting scandal kicked off last month.

She worked for WorldCom in the UK as a management cost analyst from June 1998 to February 1999. ®