EY faces $2.5bn lawsuit for ‘audit negligence’ over NMC collapse – The National

EY faces $2.5bn lawsuit for ‘audit negligence’ over NMC collapse – The National

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Alvarez & Marsal, the administrator of UAE healthcare operator NMC Health, has filed a lawsuit against the UK arm of EY alleging negligence over the auditor's work on NMC’s accounts between 2012 and 2018.

The lawsuit, which was filed in the Commercial Court in London on Friday, seeks at least $2.5 billion in damages.