Are independence and objectivity in question when the auditor is also the consultant?
Avoiding conflicts of interest in the investment management industry is key to maintaining integrity
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
SINGAPORE-based SIA Group pulled its SilkAir Boeing 737 Max 8 fleet from service following the Ethiopian Airlines crash in which all 157 passengers on board perished.
The disaster on March 10, 2019, was the second fatal crash involving the Boeing 737 Max 8 model. Approximately six months earlier, a Lion Air domestic flight had crashed 13 minutes after taking off from Jakarta, Indonesia. Both crashes bore chilling similarities which propelled airlines around the world to pull the bestselling Boeing model off air routes.
The problem appeared to stem from a fault in the anti-stall safety feature of the plane which sent both planes into a nose dive. Chicago-based Boeing acknowledged in a statement that it had to correct flaws and is working to return the grounded Max 8 jets to service.
Share with us your feedback on BT's products and services
TRENDING NOW
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Beijing’s calculated silence on the Iran war
DPM Gan warns of 3 structural shifts to the global system that will bring greater challenges – and opportunities
