Tesco’s UK boss told -word by word- of hole in accounts, court hears

Amit Soni, a senior accountant at Tesco, was giving evidence for a third day at the trial of three former senior executives of Britain’s biggest retailer who are accused of fraud and false accounting in 2014.Christopher Bush, 51, who was managing director of Tesco UK, Carl Rogberg, 50, who was UK finance director, and John Scouler,49, who was UK food commercial director, all deny any wrongdoing and have pleaded not guilty.The case follows Tesco’s announcement in September 2014 thatits profit forecast had been overstated mainly due to booking commercial deals with suppliers too early.

Tesco’s disclosure saw its shares tumble and plunged the company into the worst crisis in its near 100-year history.The court had previously heard that Soni commissioned a detailed report, “the legacy…

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