Former Ahold Execs Fined, Sentenced: Report

An appeals court has sentenced three former Ahold executives to suspended sentences and fines over their roles in the retailer’s 2003 accounting scandal, reports said.

AMSTERDAM — An appeals court here has sentenced three former Ahold executives to suspended sentences and fines over their roles in the retailer’s 2003 accounting scandal, reports said.

Cees van der Hoeven, the former chief executive officer, was sentenced to pay a fine of about $39,000 (U.S.) Michiel Meurs, the former chief financial offer, was sentenced to 240 hours of community labor, fined $131,000 and given a six-month suspended sentence; and Jan Andrae, a former board memb

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