Three former Tesco executives have been accused of fraud and false accounting. They deny the charges BEN STANSALL/Getty ImagesAn audit by Tesco found no widespread evidence that staff felt compromised by accounting practices at the retailer, a court heard yesterday. The findings of the internal report were read out in the closing arguments of a barrister defending Carl Rogberg, a former finance director of Tesco and one of three former executives accused of fraud and false accounting. Mr Rogberg, Christopher Bush, former head of Tesco’s UK business, and John Scouler, former UK commercial director for food, are alleged to have inflated Tesco’s interim profit forecast in 2014 by improperly recognising income from suppliers of the grocer. They are accused of falsifying accounting records and concealing information from auditors between February and September 2014.
Source: The Times December 15, 2017 00:06 UTC