Exposed by NFRA: Startling Truth About Deloitte’s Role in ZEEL Scandal
The NFRA has penalized Deloitte Haskins & Sells LLP and its auditors for significant audit failures concerning Zee Entertainment’s financials for 2018-20. Key issues included mismanagement of funds and professional negligence. Deloitte was fined ₹2 crore, with individual auditors receiving bans and fines. The case highlights the urgent need for stronger governance and audit practices.
