CIMB Investment Bank Bhd vs Ernst & Young & Anor Appeal [2014] 6 CLJ 438.

Projeck Lebuhraya Usahasama Bhd v. Majlis Perbandaran Subang Jaya [2016] 9 CLJ 238.
May 20, 2017
Nik Mohd Zain bin Haji Omar v Hwang-DBS Securities Sdn Bhd [2010] MLJ 234.
September 20, 2018

Auditors’ Duty of Care Extends to Company’s Investors

The Court of Appeal held that auditors owe a duty of care to a licensed fund company’s investors when they perform statutory audits. The Court found the auditors to be professionally negligent in not detecting the fund company’s fraud in the management of the client’s funds. (Fiona acted for CIMB)