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Restructuring Rafidain Bank: Iraqi PM meets Ernst & Young

By John Lee. Iraqi Prime Minister Mohammed Shia Al-Sudani has presided over a meeting with representatives from Ernst & Young (EY), specializing in auditing and financial consulting. The preliminary draft of the company's plan for restructuring the state-owned Rafidain Bank was discussed. According to a statement from the Prime Minister's office, he emphasized the need ....

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EY to Advise Iraq on Banking and Insurance Reforms

By John Lee. The Iraqi Cabinet has approved a series of contracts with UK-based professional services firm Ernst & Young (EY), aimed at reforming Iraq's banking and insurance sectors: The first contract involves a comprehensive study on the restructuring of the state-owned Rafidain Bank and Rasheed Bank, with recommendations and a roadmap expected within six ....

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Iraqi PM Orders Reform of Banking Sector | Iraq Business News

By John Lee. Iraqi Prime Minister, Mohammed Shia al-Sudani, led a meeting on Tuesday to monitor the progress of banking reforms. The session, attended by the Finance Minister, Governor of the Central Bank of Iraq (CBI), and directors of government banks, focused on administrative and banking reforms initiated by the government as part of comprehensive ....

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Adani Group | EY member firm S.R. Batliboi faces NFRA probe in connection with audit of Adani Group firms

The inquiry by the National Financial Reporting Authority has once again raised questions about the accounting and disclosures by the domestic conglomerate which it has stoutly defended in the past, particularly after the damaging allegations made by Hindenburg in January this year ....

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Sequoia India-backed GoMechanic fires 70% of the workforce amidst violation of accounting norms

Bloomberg reported that EY s research suggested that about 60 of the more than 1,000 GoMechanic service centres may have broken accounting rules to inflate revenue and divert funds ....

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