Tesco CEO Dave Lewis confirms £250m mistake – Daily Mail

UK managing director Chris Bush (top left) is believed to be among four directors asked to step aside while accountancy firm Deloitte carries out an ‘independent and comprehensive’ review into the overstatement. UK finance director Carl Rogberg (top right), its food commercial director John Scouler (bottom left) and the head of food sourcing Matt Simister (bottom right) are also reported to have been suspended. The firm said it discovered the error, made as part of an August 29 profit warning, during its final preparations for its forthcoming interim results.

Original Article: http://www.dailymail.co.uk/news/article-2764845/Beleaguered-Tesco-admits-poor-profit-forecasts-overstated-250MILLION-accounting-gaffe.html
Original Video: http://www.dailymail.co.uk/video/news/video-1121770/Tesco-CEO-Dave-Lewis-confirmed-250m-mistake-half-year-profit-calculations-says-won-t-speculate-findings-investigative-report.html

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Tesco CEO Dave Lewis confirms £250m mistake – Daily Mail – Latest news

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