
The last of three former senior directors of Tesco accused of fraud at Britain’s biggest retailer in 2014 has been formally acquitted, leaving the Serious Fraud Office without a conviction for the accounting scandal.
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The last of three former senior directors of Tesco accused of fraud at Britain’s biggest retailer in 2014 has been formally acquitted, leaving the Serious Fraud Office without a conviction for the accounting scandal.
Two former senior executives of Tesco abused their positions to encourage practices that resulted in a 250 million pounds overstatement of expected profits and misled the stock market, a London court heard on Monday.
Two former senior executives of Tesco accused of fraud and false accounting at Britain’s biggest retailer are due to face a re-trial this week at a London court.
The head of Tesco's UK business was read out "almost word by word" a report detailing a 250 million pounds hole in the supermarket's accounts in 2014 a week before the stock market was informed, a court heard on Friday.
Tesco Chief Executive Dave Lewis has been called as a prosecution witness in the trial of three former senior executives accused of fraud and false accounting at Britain's biggest retailer, a court heard on Tuesday.
The former group commercial director of Tesco, Kevin Grace, will not face charges from the Serious Fraud Office (SFO) over the accounting scandal that rocked Britain's biggest retailer in 2014, his lawyer said.
Philip Clarke, the former chief executive of Tesco, will not face charges from the Serious Fraud Office (SFO) over the accounting scandal that rocked Britain's biggest retailer in 2014, his lawyer said on Monday.
Three former senior executives of Tesco appeared in court on Thursday, charged with fraud and false accounting at Britain's biggest supermarket chain.
Britain's Serious Fraud Office has charged three former senior Tesco executives with fraud in its investigation into accounting practices at the country's biggest supermarket chain.
Tesco paid Chief Executive Dave Lewis a cash and shares bonus of almost 3 million pounds ($4.3 million) for its 2015-16 financial year, reflecting the progress he has made in turning around Britain's biggest retailer.