Singaporean Regulators Widen Noble Group Probe to Auditor EY

Singapore has expanded its investigation into Noble Group Ltd.’s accounting to probe the company’s longstanding auditor, Ernst & Young LLP, according to a statement Nov. 28.

The move comes follows the recent announcement of a three-agency probe into potential “suspected false and misleading statements” at Noble, which threw the struggling commodity trader’s $3.5 billion debt restructuring into a fresh crisis.

Singapore’s accounting regulator “is commencing inspection on the work performed by EY (Singapore),” a spokesperson for the Accounting and Corporate Regulatory Authority said Nov. 28.

At the same time, the Monetary Authority of Singapore and the police have told EY ...