An independent report into troubled Banco Delta Asia of Macau first completed in 2005 clears the lender of counterfeiting charges, the South China Morning Post reported. The report has never been publicly released before, the newspaper said. It was comissioned by the government of Macau and done by Ernst & Young after the US warned the bank played a role in North Korean crime. The report exposed management and information problems in the bank's links with North Korea and tens of millions of dollars of business with banks and traders in that country. Ultimately, however, Ernst & Young could not draw any final conclusions on the money laundering allegations. Counterfeiting is a cornerstone of a US push to blacklist the bank. The blacklist would take effect Wednesday.