Jim Miller’s resignation from the US Foodservice unit was announced at the beginning of the company’s annual general meeting but failed to subdue the anger of its shareholders who demanded answers to why the fraud had gone undetected for so long.
Ahold said the resignation did not implicate Miller in the fraud, which relates to an earnings overstatement of $880m and led to the dismissal of two senior executives at the Maryland-based distribution company.
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements