The Law Society Gazette on 6th December reported that the collapse of the trial of 2 former Tesco directors accused of false accounting will cause more embarrassment for the SFO and also call into question an earlier deferred prosecution agreement (DPA) between the supermarket and the SFO, lawyers have predicted.  The case related to an alleged hole in Tesco’s accounts. Both men were suspended in 2014 after it was revealed Tesco had overstated its profits by £250 million.  A judge at Southwark Crown Court had thrown out the case after hearing the SFO’s evidence.


Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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