Deloitte & Touche LLP controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2021
Hin Leong sues Deloitte over alleged audit failures
Lawsuit filed
Hin Leong Trading sued Deloitte & Touche LLP, alleging that the auditing firm failed to detect serious irregularities and material misstatements in its financial statements. The allegations are claims in the lawsuit; the supplied report does not establish a court determination.
Source excerpt
a March 5 lawsuit filed with the High Court of Singapore alleges. “Deloitte acted in breach of the terms of its engagement with the plaintiff.”
A failed oil trader in Singapore that owes creditors more than $3.5 billion is suing Deloitte & Touche LLP, alleging the auditing firm failed to detect “serious irregularities” in its financial statements for more than a decade.