ACCUSED FORMER TESCO EXECUTIVES TO FACE NEW TRIAL OVER FRAUD CHARGES

THE UK’s Serious Fraud Office (SFO) said March 2 that it was seeking a retrial of three defendants over a 2014 accounting fraud scandal involving the UK’s largest retailer Tesco. The SFO had charged the three former bosses – finance director Carl Rogberg, UK Managing Director Christopher Bush and UK commercial director John Scouler – with fraud by abuse of position and false accounting in September 2016 over a GBP250 million (USD345 million) black hole in the retailer’s finances. The SFO accused the three of accounting fraud between February and ...


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