Briefly answer me the attached question which is about providing audit report.

(b) You are the manager responsible for the audit of Hafiz Limited (HL), a listed company. whose fieldwork in respect of the statutory audit is in progress. You are reviewing the following issue which was brought to your attention by the audit team: HL has paid a substantial amount of consultancy fee to a firm in another foreign country. The management of HI. is unable to provide a convincing explanation for such a payment. An employee of HI. has unofficially informed the audit senior that the amount was paid to avoid paying a fine. However, the management has denied this allegation. Requirement: Does the situation identified above require a modification of an unqualified standard report? If yes justify your answer. 14