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Tesco executives charged with fraud

Three former senior employees to appear in court, following the accounting scandal that caused the retailer's profits to crash in 2014
 

The Serious Fraud Office has charged three former Tesco executives with fraud in its ongoing investigation into irregular accounting practices at the UK's biggest supermarket chain.
 
Carl Rogberg, Christopher Bush and John Scouler were each charged with one count of fraud by abuse of position and one count of false accounting. The charges arise from an investigation of Tesco's accounting practices launched after the company overstated its profits by £326 million in 2014.
 
Rogberg was Tesco's UK Finance Director, Scouler was Commercial Director and Bush was Managing Director. The three men will appear in court on 22 September.
 
Read more about Sustain's campaign work for sustainable food and farming here.

Published Friday 16 September 2016

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