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14/10/2014
Three More Tesco Executives Suspended
A further three Tesco executives have been asked to step aside, while the supermarket continues to investigate an alleged £250 million profit guidance overstatement.
The latest round of suspensions brings the total number of executives asked to step aside, to eight.
The investigation involves an alleged profit overstatement of £250m.
The supermarket announced in September that it had discovered the overstatement, and has been investigating it since.
It now says it expects to have completed its interim report by 23 October.
(MH/CD)
The latest round of suspensions brings the total number of executives asked to step aside, to eight.
The investigation involves an alleged profit overstatement of £250m.
The supermarket announced in September that it had discovered the overstatement, and has been investigating it since.
It now says it expects to have completed its interim report by 23 October.
(MH/CD)
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