×
App Icon
The Standard e-Paper
Home To Bold Columnists
★★★★ - on Play Store
Download Now

World Bank debars Kenya-based big four audit firm EY over fraud

The World Bank Group has debarred Kenya-based Ernst & Young LLP (EY) for two and a half years for failing to disclose conflict of interest and engaging in fraud and corrupt practices in implementing two projects in Somalia.

Get Full Access for Ksh299/Week.
Fact‑first reporting that puts you at the heart of the newsroom. Subscribe for full access.
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in
Business
Calls for stronger regulations to phase out lead in paints grow louder
Business
Why Kenyans are not taking bank loans despite falling interest rates
Real Estate
Juja, Ruiru offer best property returns for investors after double-digit price jump
Business
Boost for Ruto's fiscal plan as Moody's joins Fitch in upgrading Kenya's credit rating