Deloitte India forensic auditor for NDB’s Rs. 13.2 b fraud

Friday, 24 April 2026 05:42 - - {{hitsCtrl.values.hits}}

National Development Bank PLC (NDB) has commissioned Deloitte Touche Tohmatsu India LLP to conduct a forensic review into the recent Rs. 13.2 billion fraud incident, with the engagement carried out in consultation with the Central Bank of Sri Lanka’s (CBSL) Director of Bank Supervision and findings to be reported directly to the regulator.

NDB said: “As indicated in the previous Corporate Disclosure made on 6 April2026, the Board has now commissioned Deloitte Touche Tohmatsu India LLP (Deloitte) to conduct a forensic review of the facts and circumstances relating to the fraud incident."

“The commissioning of the said forensic review has been carried out in consultation with and in line with recommendations provided by the CBSL Director of Bank Supervision.

The review will examine the circumstances surrounding the fraudulent transactions, including any lapses in controls, oversight, and governance. Its findings, including any interim updates and the final report, will be submitted directly by Deloitte to the CBSL.”