Pick the leader of the combined PMA/United Fresh and other news

05/17/2012 02:55:00 PM
Tom Karst

He ran up a £200,000 bill at Claridge's Hotel in London, enjoyed a luxury £350,000 twelve-day holiday to the Monaco Grand Prix and received cash payments totalling hundreds of thousands of pounds stuffed inside brown envelopes.

Greenvale, one of the country’s leading producers, funded the extravagant gifts by overcharging Sainsbury’s for its potatoes in a £40 million deal sanctioned by Maylam.

Here is later coverage by Reuters, which had this simple statement by Sainsbury's:

"This was an unacceptable and calculated crime against Sainsbury's of a magnitude never experienced in our history."

TK: How can retailers be sure this type of corruption isn't taking place under their nose? To the degree that produce buying and selling is a "relationship" business, it may be impossible to completely avoid corruption.  Is another case like this hidden from view even now?

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