Reported 18 days ago
Accounting firm EY is under investigation for allegedly misleading the UK's Financial Reporting Council during its audit of NMC Health, a UAE-based hospital operator. The claims arose as a negligence trial approaches its conclusion, focusing on allegations that EY misrepresented its access to crucial documents. It is asserted that EY partners misled regulators about their access to risky transactions within NMC's accounting system, which could affect the ongoing legal and regulatory inquiries across multiple jurisdictions.
Source: YAHOO