DEFERRED PROSECUTION AGREEMENTS AND THE TESCO OUTCOME

On 8th July, 6KBW College Hill law chambers issued an article saying that, in April 2017, Tesco Stores Limited entered a Deferred Prosecution Agreement with the SFO in respect of one offence of false accounting.  By January 2019, 3 individuals who were prosecuted for identical offences originally faced by Tesco Stores had been acquitted of those charges.  The article asks are those results inconsistent with each other?  Do they have any bearing on the future of DPA?  The article concludes that the second decision should not affect the use of DPA, but suggests careful examination of the persons involved with the DPA and their level of seniority – which it says enables the company to accept its corporate wrongdoing without harming the reputation of individuals who go on to maintain their innocence.

https://blog.6kbw.com/posts/deferred-prosecution-agreements-and-the-tesco-outcome

 

This blog is primarily for my own use, to keep informed and up to date. However, if you would like to say thank you (and perhaps help me get a new, better laptop when I am away…) you can “buy me a coffee” at https://www.buymeacoffee.com/KoIvM842y

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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