Second Public Financial Management Capacity Strengthening Project Archives

Ernst & Young’s reputation on the line, as World Bank slaps a 30-month ban on EY Kenya

by CEO ReporterIndustry & Analysis The Big StoryJuly 3, 2024July 3, 2024

The World Bank Group (WBG) has slapped a 30-month ban on Kenya-based Ernst & Young LLP (EY Kenya), which is in connection with sanctionable practices as part of the Somali Core Economic Institutions and Opportunities Program (SCORE) and the Second Public Financial Management Capacity Strengthening Project (PFM II) in Somalia. SCORE was designed to improve the enabling environment for private…