business news in context, analysis with attitude

The Times Of London reports that in the first few days of the trial of former senior Ahold executives, including ex-CEO Cees van der Hoeven, the defendants have said that they didn’t do anything that they knew to be wrong.

According to the Times, van der Hoeven told reporters before entering the courtroom that, “It’s not the nicest time of my life, but I’m still going strong.” He said that he did not fear the outcome of the case. “If you can look at yourself straight in the mirror, you have nothing to be afraid of,” he said.
KC's View:
The issue, we’re afraid, isn’t whether van der Hoeven can look at himself in the mirror. It is whether he could look the company’s shareholders and employees in the eye, one by one, and tell them that he always looked out for their best interests in an honest and ethical manner.