Audit Watchdog ProBes EY about postal scandal

From Reuters

London, April 16 (Reuters) -The British financial reporting council has opened an investigation into the examination of Post -Office -Limited, according to Wednesday, in the middle of the continuing effects of one of the country's worst judicial errors.

In a statement, the FRC said that it would concentrate on the role of the examination company when the annual financial statements approved by post from 2015 to 2018, in particular the HORIZONT -IT system, which was the focus of the scandal.

“We were informed about the intention of the FRC to investigate an examination of the EY audits of Post Office Limited for the financial years in March 2015 to March 2018,” said a spokesman for EY. “We take our responsibility for the public interest very seriously and will work completely with the FRC during your investigation,” said the spokesman.

Hundreds of independent employees of the state post office were incorrectly pursued or convicted of incorrectly pursued or convicted of faults in a software system that was incorrectly lacking money between 1999 and 2015 due to incorrect accounting, theft and fraud.

Some were imprisoned, lost their marriages or saw their lives destroyed in a different way, while others died before their names could be clarified.

The then prime minister Rishi Sunak tried last year from a public outcry after a television series that dramatized the scandal and tried to lift the illegal convictions, while police investigations and public investigations were also carried out.-Reuters