LONDON, April 10 A court approved a deal on
Monday between Tesco, Britain's biggest retailer, and
the Serious Fraud Office (SFO) to settle a probe over a 2014
Court approval of the Deferred Prosecution Agreement (DPA),
first detailed on March 28, means Tesco will pay a 129 million
pound ($160 million) fine and the SFO's full costs.
The DPA relates to false accounting by Tesco's UK business,
Tesco Stores Limited, between February and September 2014.
The scandal sparked the biggest crisis in Tesco's near
The DPA only relates to the potential criminal liability of
Tesco Stores Ltd, and does not address whether liability of any
sort attaches to Tesco plc or any employee or former employee of
Tesco plc or Tesco Stores Ltd.
($1 = 0.8072 pounds)
(Reporting by James Davey, editing by Paul Sandle and Susan