BDO India, KPMG Sri Lanka to do Central Bank forensic audit

ECONOMYNEXT – BDO India LLP and KPMG Sri Lanka have been awarded contracts for forensic audits into securities fraud involving the sale of bonds, the state information office said.

A statement said the contracts were approved by the Cabinet of Ministers this week on a proposal presented by Minister of Finance Mangala Samaraweera.

The forensic audits were recommended by a commission of inquiry into the so-called bond scam in 2015 and 2016, and will also cover earlier periods, when bonds were issued outside auctions.

(COLOMBO, March 07, 2019-SB)

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