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Tag: serious fraud office

SFO confirms it will seek retrial for Tesco accounting scandal

Three former senior Tesco executives will face a court jury for the second time over an accounting scandal after their first trial was abandoned last month. The trial, relating a £326 million back hole that was revealed in Tesco‘s trading update on August 2014, came to abrupt halt in February not long before the jury was to hand down their verdict. READ MORE: Tesco fraud trial thrown out as Rogberg suffers heart attack Former Tesco executives begin accounting scandal trial today SFO clears former Tesco CEO Philip Clarke over 2014 accounting scandal One of the accused, former finance director Carl Rogberg, had suffered a heart attack and was admitted to hospital and Judge Deborah Taylor dismissed the jury, stating his illness could prejudice their decision

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Tesco fraud trial thrown out as Rogberg suffers heart attack

The Tesco fraud trial has come to an abrupt halt as one of the accused former directors, Carl Rogberg, suffered a heart attack. Judge Deborah Taylor dismissed the jury after Rogberg was admitted to hospital, stating his illness could prejudice their decision. READ MORE : Tesco fraud trio pled not guilty to charges The Serious Fraud Office will now have to decide whether to pursue a retrial, meaning the four months of the trial would have to be rerun in front of a new jury.






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Former Tesco executives begin accounting scandal trial today

The trial of three former Tesco executives over the £326 million accounting scandal in 2014 is due to start today. The grocer’s former UK boss Chris Bush, former finance director Carl Rogberg and former commercial director John Scouler – were charged last year with offences including false accounting and fraud by abuse of position. The trio, who have all pleaded not guilty, are due to stand trial at Southwark Crown Court today






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