Directors refused to deal with multimillion-pound gap in accounts even though it was ‘spiralling out of control’, says SFO lawyer

Three former Tesco directors were repeatedly warned by their juniors that the UK chain was facing a multimillion-pound hole in their profits and yet they carried on “conniving and manipulating figures” rather than admitting to the problem, a court has heard.

Carl Rogberg, the former finance director of Tesco UK, John Scouler, the former commercial director for food, and Christopher Bush, the former managing director of Tesco UK, have all been charged with one count of fraud by abuse of position and one count of false accounting.

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