EY's audits on Noble unit under review

Singapore

THE audits conducted by accountants from the Singapore arm of EY on a subsidiary of commodity trader Noble Group for five financial years from 2012 to 2016 have come under review in a criminal probe.

The Commercial Affairs Department (CAD) and the Monetary Authority of Singapore have directed EY (Singapore) to produce documents in relation to the audit of Noble Resources International Pte Ltd (NRI), the two authorities said in a joint statement with the Accounting and Corporate Regulatory Authority (ACRA).