TescoGate: Dan Jago to return to retailer following investigation

Dan Jago, who was suspended from his role as Tesco’s director of wine, spirits and beer at the height of the fallout from the £263 million (A$519m) shortfall in the retailer’s profits, is being reinstated and will return to the retailer in a new role on March 9. Jago was one of eight senior figures suspended by Tesco as it carried out a review under the management of its new chief executive, Dave Lewis. The profits blackhole is now the subject of both a police inquiry by the Serious Fraud Squad and it is being investigated by the Financial Conduct Authority. The Grocery Code Adjudicator is also looking into the trading behaviour at Tesco with its suppliers.

Reblogged 2 years ago from www.winebiz.com.au

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