×
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

Vocalize Pre-Player Loader

Audio By Vocalize

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.
Uncover the stories others won’t tell. Subscribe now for exclusive 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
Relief at the pump as fuel prices drop
By PCS 10 hrs ago
Business
Ruto tells African leaders to speed up AfCFTA implementation
Business
Why Kenya wants embassies turned into trade engines
Business
Manufacturers shift to biomass to cut energy costs