BusinessCompany NewsBaugur CEO guilty of false accounting

Baugur CEO guilty of false accounting

Company has investments in UK retailers

A Reykjavik court has found
Jón
Ásgeir Jóhannesson
, the founder and chief executive officer of investment
group Baugur, guilty of false
accounting after a marathon five-year legal battle.

He was acquitted on 39 other charges.

He was given a three-month suspended prison sentence after being found guilty
of a charge of false accounting relating to a credit invoice for £296,771.

Baugur’s investments include Hamleys toy store and
House of Fraser department stores.

Further reading:

Overview: false start

Related Articles

BDO replaces Deloitte as Mitie auditor

Audit BDO replaces Deloitte as Mitie auditor

3m Emma Smith, Managing Editor
CVR Global appoints partner in London office

Company News CVR Global appoints partner in London office

7m Alia Shoaib, Reporter
FTSE100 failing to provide adequate ethics information

Company News FTSE100 failing to provide adequate ethics information

7m Alia Shoaib, Reporter
Moore Stephens recruits new private client partner

Accounting Firms Moore Stephens recruits new private client partner

10m Emma Smith, Managing Editor
Magma Group announces merger, partner promotions

Accounting Firms Magma Group announces merger, partner promotions

10m Emma Smith, Managing Editor
BDO on ‘recruitment spree’ with multiple partner appointments

Accounting Firms BDO on ‘recruitment spree’ with multiple partner appointments

10m Emma Smith, Managing Editor
Brand strength leads to fee income growth for RSM

Accounting Firms Brand strength leads to fee income growth for RSM

10m Emma Smith, Managing Editor
Mazars strengthens audit team with partner appointment

Accounting Firms Mazars strengthens audit team with partner appointment

10m Emma Smith, Managing Editor