In recent months, the auditors have been in news for all the wrong
reasons, as they have been partners in financial crimes.
Central Investigation Bureau (CIB) arrested two auditors, who have been
involved in auditing Everest Insurance accounts.
The CIB arrested CA Jagdish Agrawal of J Santosh and Company and CA Gopal
Agrawal of G K Agrawal and Company from Kathmandu yesterday for their
involvement in auditing the accounts of Everest Insurance in the fiscal year
2008-09, 2009-10, 2010-11 and 2011-12.
Everest Insurance former chief executive has been arrested by the CIB for
embezzlement of the company fund of Rs 25.09 million for personal purpose, and
the two auditors were found to have helped him misuse the company money,
according to the CIB.
Likewise,
the CIB has today arrested former director of NIDC Capital Market Shivaji Ray
Yadav for his involvement in lending of the company fund for wrong purpose and
people and helping misuse it.
No comments:
Post a Comment