CBSL Bars EY Auditors as Rs.13.6 Billion NDB Fraud Exposes Regulatory Failures
Source: Lanka News
Category: Technology
Region: Sri Lanka
Published: November 11, 2026 at 05:28
π Summary
The Central Bank of Sri Lanka (CBSL) has barred the Ernst & Young (EY) audit partners responsible for examining National Development Bank (NDB) from undertaking further banking audits, in a significant regulatory move following the exposure of a Rs.13.6 billion fraud that continued undetected for nearly three years. The action raises serious questions about the [β¦] The post CBSL Bars EY Auditors as Rs.13.6 Billion NDB Fraud Exposes Regulatory Failures appeared first on Lankanews.lk .