The former chief executive of JJB Sports, Chris Ronnie, has been charged with a series of offences relating to an alleged GBP1m fraud, following an investigation by the Serious Fraud Office.

Ronnie, who was chief executive of the UK sportswear chain between August 2007 and March 2009, appeared at Westminster magistrates court yesterday (4 April), charged with three fraud offences, two money laundering offences and two offences of furnishing false information.

David Ball, the owner of JJB supplier Fashion & Sport, was charged with three offences of furnishing false information.

Both were released on unconditional bail. The charges relate to a "failure to disclose interests in contracts entered into by the company"

The charges follow on from a price fixing investigation by the Office of Fair Trading into JJB Sports and Sports Direct, which began in September 2009.