24 Jan 2019
The last of three former senior directors of Tesco (TSCO.L) 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.
Carl Rogberg, 52, a former Tesco UK finance director, was tried last year along with former UK managing director Christopher Bush, 53, and former UK food commercial director John Scouler, 50. The trial was abandoned in February after Rogberg suffered a heart attack.
Bush and Scouler were acquitted in December at the mid-point of a retrial, the judge ruling there was no case to answer.
– By James Davey, Reuters, 23 January 2019.
Link to Reuters.
Count reading this article to your CPD minutes, by signing up to our CPD WalletFREE CPD Wallet