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nfra: Coffee Day Global case: NFRA slaps Rs 2.15 cr fine, imposes ban on 2 auditors, 1 audit firm

In its probe, NFRA found that the auditors (ASRMP & Co, Sundaresha and Madhusudan) failed to exercise professional judgement and scepticism during the audit of CDGL where there was fraudulent diversion of funds to MACEL worth Rs 1,105.10 crore and evergreening of loans through structured circulation of funds among other group companies.
Coffee Day Enterprises Ltd Mysore Amalgamated Coffee Estate Ltd National Financial Reporting Authority Coffee Day Global Ltd Day Global Ltd Internal Financial Control

Klitschko: pressure on Kyiv's authorities continues

Klitschko: pressure on Kyivs authorities continues 2 min read Mayor of Kyiv Vitali Klitschko has declared that pressure on the Kyivs authorities continues: on Thursday evening, law enforcement officers again came to search the communal enterprise Kyivteploenergo. "Yes. Checks and searches continue. For example, yesterday in the evening the prosecutors office and the tax police came to communal enterprise Kyivteploenergo, after looking for something in the Department of Housing and Utili...
Kyiv Vitali Klitschko Department Of Internal Financial Kyiv City State Administration Department Of Housing Audit Of The Kyiv City State Administration Utilities Infrastructure

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