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Deloitte under investigation for Essar Oil audit

Deloitte resigned as Essar's auditor citing governance concerns

Deloitte resigned as Essar's auditor in October 2020, raising governance concerns around the oil company's audit strategy
Deloitte resigned as Essar's auditor in October 2020, raising governance concerns around the oil company's audit strategy Photo: Bloomberg via Getty Images

Deloitte is reportedly being investigated in connection with its auditing of refinery company Essar Oil UK.

Deloitte resigned as the company’s auditor in October 2020, raising governance concerns around Essar Oil UK’s audit strategy. It did not raise such concerns when it signed off the company’s accounts for the 18 months to September 2019.

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