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Former Tesco boss to be questioned by fraud office

Tesco’s ex-chief executive Phillip Clarke will be questioned by the Serious Fraud Office as part of its on-going investigation into the supermarket’s £263m accounting scandal.

Clarke, who left Tesco in August last year, 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, will also be interviewed, according to Bloomberg.

The SFO kicked off a criminal investigation into accounting practices at Tesco in October 2014 after the company admitted that it had overstated profits by £263m.

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