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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

πŸ“ 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 […] The post CBSL Bars EY Auditors as Rs.13.6 Billion NDB Fraud Exposes Regulatory Failures appeared first on Lankanews.lk .

πŸ”— Read Full Article at Lanka News ✨ Extract Article
🏷️ Keywords:
cbsl billion fraud regulatory bars auditors exposes failures bank central

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