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Britain's SFO says charges three with fraud in Tesco investigation

A Tesco supermarket in Glasgow, Scotland.
Jeff J Mitchell I Getty Images
A Tesco supermarket in Glasgow, Scotland.

Britain's Serious Fraud Office has charged three senior former executives at Tesco with fraud in its investigation into an accounting scandal at the retailer, it said on Friday.

Carl Rogberg, Christopher Bush and John Scouler, who were suspended over the scandal, have been charged with fraud by abuse of position, the SFO said in a statement.

Bush was managing director of Tesco U.K., Rogberg was finance director U.K. and Scouler was U.K. food commercial director.

The three have been asked to appear in court on Sept 22, the SFO added, saying the investigation is ongoing.

Tesco said on Friday it had introduced an "extensive programme of change" following the news that the SFO had charged three senior former executives at the firm.

"We note the decision of the SFO to bring a prosecution against former colleagues in relation to historic issues and acknowledge the investigation into the company is ongoing," it said in a statement.

"Tesco continues to cooperate with the SFO's investigation. The last two years have seen an extensive programme of change at Tesco, but given this is an ongoing legal matter, we are unable to provide any further comment at this time."


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