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Tesco opens its wallet to sort out its accounting scandal

By Chris Bailey of Financial Orbit | Tuesday 28 March 2017

Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

I found out all about ‘Deferred Prosecution Agreements’ (DPAs) today as supermarket behemoth Tesco (TSCO) said it would spend £235 million to sort out 2014’s accounting scandal…and will not be prosecuted, naturally…

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