Leslie Rosenthal, 53, who was buying manager at Wickes, appeared before the Southwark Crown Court to answer to fraud charges. He denies the accusations.
Prosecuting Attorney, Anthony Hacking QC told the court a ‘two-letter’ system was used to fool the auditors. According to the allegations, rebates from suppliers were used to inflate profits when they should have been spread over a longer period.
Four other Wickes directors, inclucing finance director Trefor Llewellyn, were cleared of fraud charges last November. They had been accused by the Serious Fraud Office of fraudulent trading and making false accounting statements.
Dennis Layton takes up the position on April 1 and will contribute to the firm’s goal of becoming the leading global professional services organisation by 2020
Richard Cartwright becomes the new head, taking over from incumbent head of office David Lemon
Brian Burke, business development director, has moved within the firm to 'develop Quantuma’s networks with Sussex professional firms'
Stephen Mills joins the Manchester office from IBM, where he spent 12 years as an associate partner in the data, analytics and cognitive consulting group