EY Kenya

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 and financial sector development and catalyze private investment and job creation, while PFM II aimed to establish and strengthen systems of domestic revenue mobilization, expenditure control, and accountability in the Federal Government of Somalia, Puntland State of Somalia, and Somaliland…