Freitag, 29. März 2024
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Global Industry: Court approves fine for Tesco

Hamburg. (bm) British Tesco PLC announces that its subsidiary, Tesco Stores Limited, has in principle reached a Deferred Prosecution Agreement (DPA) with the UK Serious Fraud Office (SFO) regarding historic accounting practices. The DPA relates to false accounting by Tesco PLC’s subsidiary between February and September 2014. The DPA is a voluntary agreement under which Tesco Stores Limited will not be prosecuted provided the business fulfils certain requirements, including paying a financial penalty of 129 million GBP. Other topics:

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