EY's audits on Noble unit under review
Add BT as a preferred source
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).
TRENDING NOW
Lamborghini-driving boss of Eminent Frog Porridge charged with S$3.8 million tax evasion, money laundering
Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan
Palm oil stocks set to surge as Indonesia said to be scaling back export overhaul: analysts
Soon Su Lin to step down as Frasers Property Singapore CEO; Tan Wee Hsien named successor
