RegulationAccounting StandardsE&Y restructure Hong Kong outpost following raid

E&Y restructure Hong Kong outpost following raid

Shake up of China bureau follows reports of raid

Big Four firm Ernst & Young said it has reorganised its Hong Kong outpost
three days after its offices were raided in connection with forgery allegations.

The firm said it has restructured its office and brought in its Far East
Area markets leader, Albert Ng, to take on the position of sub-area manager for
Greater China,
MarketWatch.com
reports
.

On Tuesday the firm was raided by Chinese authorities, investigating the
bankruptcy of Akai Holdings almost a decade ago, raided E&Y’s offices.

Further
reading:Ernst
& Young announce management shuffle in Hong Kong

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