FORMER AHOLD EXECUTIVES RECEIVE SUSPENDED SENTENCES

AMSTERDAM - The case against four former Ahold executives came to a close last week as a Dutch court handed down three suspended jail sentences and one acquittal in one of the largest financial scandals in Europe.The court gave nine-month suspended sentences to Cees van der Hoeven and Michiel Meurs, Ahold's former chief executive officer and chief financial officer, respectively, who were both convicted

AMSTERDAM - The case against four former Ahold executives came to a close last week as a Dutch court handed down three suspended jail sentences and one acquittal in one of the largest financial scandals in Europe.

The court gave nine-month suspended sentences to Cees van der Hoeven and Michiel Meurs, Ahold's former chief executive officer and chief financial officer, respectively, who were both convicted of fraud in the case. The court also fined each 225,000 euros ($286,800).

Register to view the full article