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Three charged over Tesco accounts fraud | Three charged over Tesco accounts fraud |
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Three Tesco former executives have been charged as part of an ongoing Serious Fraud Office (SFO) investigation into 2014 accounting irregularities at the supermarket giant. | |
Carl Rogberg, Christopher Bush and John Scouler have been charged with fraud by abuse of position and false accounting, the SFO said. | |
The three have been asked to appear in court on 22 September. | |
Tesco said there had been "an extensive programme of change" since 2014. | |
Mr Bush was managing director of Tesco UK, Mr Rogberg was finance director UK and Mr Scouler was UK food commercial director. | |
The SFO started a criminal investigation in October 2014, a week after Tesco announced that its profits had been overstated by £263m | |
Auditors found that the inflated profit figure was the result of Tesco bringing forward rebates from suppliers. |