Former Tesco chief executive will be questioned as part of SFO’s investigation into retailer’s £263m profit black hole

Former Tesco chief executive Philip Clarke is set to be questioned by the Serious Fraud Office as it nears the conclusion of an investigation into a multi-million-pound accounting scandal at the retailer.

Clarke, who left Tesco in August last year after overseeing a dive in sales and profits, will be interviewed under caution by the SFO, meaning that any testimony he gives can be used in evidence. Tesco’s former commercial director, Kevin Grace, has also been called in, according to Bloomberg which first reported the story.

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Source: The Guardian Circular Economy RSS