Tesco Dodges a Bullet – £129m Fine to Avoid SFO Prosecution and £90m Compensation

Britain’s largest retailer, near triple the size of its nearest competitor Sainsbury manages to dodge bullet by being fined £129m as part of a DPA (Deferred Prosecution Agreement) with the SFO (Serious Fraud Office) for its 2014 false accounting scandal. Which means that Tesco avoids a formal prosecution and that the fine+ investor compensation much […]