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Former Ahold US chief pays millions to settle accounting scandal

The former US unit chief of Dutch food group
Ahold
has agreed to pay the company $8m in a settlement relating to a $1,43bn
accounting scandal.

James Miller, the former US Foodservice CE will pay the amount, relating to a
scandal that took place in 2003, and end pending litigation with Ahold without
Miller acknowledging liability,
CNNMoney.com
reported.

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