The BBC and a French media agency claim in their Panorama documentary that EY failed to report suspicious activity

One of Britain’s biggest accountancy firms aided the laundering of drug money, an investigation has claimed.

An EY auditor said that bosses repeatedly played down reported suspicions and told him not to inform the authorities.

An investigation by the BBC and Premières Lignes, a French media agency, alleges in Panorama tonight that EY — formerly Ernst & Young — failed to report evidence of a criminal gang using black market gold to launder money. It claims that the gang collected cash from drug dealers across Europe then laundered it by buying and selling black market gold. Documents seen by the BBC and Premières Lignes purport to show that in 2012 Renade International, a company owned by a gang member, sold 3.6 tonnes of gold to