Tesco U.K. CFO Cleared in Accounting Case, Ending Trials (3)

Tesco Plc’s former U.K. chief financial officer was acquitted of fraud charges Jan. 23, drawing into question the prosecutor’s methods as a series of criminal investigations related to a four-year-old accounting scandal at the grocer failed to result in a single conviction.

Judge Deborah Taylor cleared Carl Rogberg at a hearing Jan. 23, after the U.K. Serious Fraud Office effectively dropped the case. The decision follows the dismissal of similar accounting-related charges against Chris Bush, Tesco’s former U.K. chief executive officer, and John Scouler, ex-commercial director of the unit.

The case dates to a 2014 accounting scandal that wiped 2 ...