UK Watchdog’s Tesco Accounting Fraud Case Collapses

“The case against two former Tesco directors initiated by U.K. regulators earlier this year has collapsed after a judge dismissed the case due to lack of evidence, reports in the BBC said Thursday (Dec. 6)” reports Earlier this year the FRC became the target of scrutiny as the government launched a “root and branch” review of its effectiveness following series of accounting scandals.

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