Whalesbook
Dekho bhai, yeh EY wala case finally settle ho gaya hai. EY UK ne NMC Health Plc ke administrators ke saath £105.5 million dekar yeh pura jhanjhat khatam kar diya. Asli baat yeh hai ki NMC Health jo 2020 mein collapse ho gayi thi, uske administrators ne EY par yeh ilzaam lagaya tha ki unhone 2012 se 2018 ke beech auditing karte hue company ke hidden billions ke debt ko pakda nahi. EY khud keh raha hai ki woh fraud ka shikaar hue the aur unhone koi galti nahi ki.
Ab suno, administrators toh £2 billion se bhi zyada maang rahe the, toh yeh £105.5 million ka settlement bahut kam hai. Lagta hai EY ne zyada legal fees aur reputational damage se bachne ke liye yeh deal kar li. EY ki FY25 ki global revenue $53.2 billion thi, toh yeh amount unki earnings ka sirf 0.3% hai. Ye koi chhoti company nahi hai.
Aur NMC Health ke investors aur creditors ka kya? Unko shayad hi kuch recovery mile. Administrators, Alvarez & Marsal, bhi apna share le rahe hain, lagbhag £69.2 million fees ke naam par. Waise, NMC ke founder Bavaguthu Raghuram Shetty aur ex-CEO Prasanth Manghat ke khilaaf bhi cases chal rahe hain, par woh filhaal ruke hue hain.
Yeh pura scandal dikhata hai ki kaise auditors par pressure badh raha hai. Deloitte, PwC, KPMG jaise firms bhi scrutiny mein hain. Public expectations aur auditors ki official duty mein fark hai. Log chahte hain ki auditors fraud pakdein, jabki unka kaam sirf "reasonable assurance" dena hota hai. Isi wajah se aise settlements hotey hain, jahan audit firm kuch paise dekar case band kar deti hai, par fraud ka poora asar victims par padta hai.