RegulationAccounting StandardsSports retailer admits to SFO probe

Sports retailer admits to SFO probe

Troubled company now subject of five investigations

The fraud watchdog and the taxman is looking into former executives of
retailer JJB Sports.

The company told share holders both the Serious Organised Crime Agency (SOCA)
and HM Revenue & Customs are investigating the actions of former executives,
The
Times
reports
.

The retailer is also launching an internal investigation into the purchase of
Sports Direct’s shoe chains OSC and Qube, both of which have now gone into
administration.

The investigations bring the total number of inquiries into the company to
five.

Read the full story:
Organised
crime bureau probes ex-JJB directors

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