×
App Icon
The Standard e-Paper
Join Thousands of Readers
★★★★ - 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.
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
IMF tells Kenya to brace for Iran war fallout as loan talks stall
By Brian Ngugi 10 hrs ago
Business
Police ink Sh1.9 billion deal with Co-op Bank to boost mobility
Business
Going nuts: How Kilifi coconut farmers are cracking poverty's shell for wealth
By Brian Ngugi 19 hrs ago
Business
Mini-budget tests IMF austerity demands as State spending soars