Russia's Evraz says auditor EY terminates services

Evraz

09/11/2022 13:02

Nov 9 (Reuters) - Russia's Evraz  EVRE.L  said on
Wednesday its auditor Ernst & Young has terminated services due
to the sanctions imposed on the steel maker following the
Russia-Ukraine conflict, highlighting the plight of Russian
firms in finding auditors.
    Evraz also said it has been unable to find a UK audit firm 
or a UK auditor willing to replace Ernst & Young.
    Britain sanctioned Evraz in May in response to Russia's
invasion of Ukraine.
 (Reporting by Aby Jose Koilparambil in Bengaluru; editing by
Uttaresh.V)
 ((abyjose.koilparambil@thomsonreuters.com; +919986528692))