Unique Title: SFO Tesco Deferred Prosecution Agreement and Other Agreements
SFO Tesco Deferred Prosecution Agreement and Other Agreements The Serious Fraud Office (SFO) and Tesco, a leading British multinational retailer, have reached a Deferred Prosecution Agreement (DPA). Under this agreement, Tesco has accepted responsibility for accounting practices that resulted in a £326 million overstatement of its profits in 2014. According to the SFO Tesco DPA,…