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SFO to seek retrial of three former Tesco managers

Jaclyn Jaeger | March 6, 2018

The U.K. Serious Fraud Office is seeking a retrial of three former senior managers of  retail company Tesco, who are facing fraud and false accounting charges.

The SFO request for retrial concerns Carl Rogberg, Tesco’s former finance director; Christopher Bush, former managing director of Tesco U.K.; and John Scouler, the company’s former U.K. food commercial director, who are charged with allegations of fraud. Specifically, they are charged with cooking Tesco's books, overstating profits by £250 million. The alleged activity occurred between February and September 2014. They denied wrongdoing and pleaded not guilty.

The case was accepted by the director of the SFO for investigation in October 2014, and charges were brought by the SFO on 9 September 2016.

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