Supermarket to pay â¹1,000 crore as fine for accounting fraud
UK's biggest retailer Tesco has agreed to pay a $162 million (â¹1,000 crore) fine plus compensation worth $100 million to settle an investigation over a 2014 accounting fraud. The settlements relate to Tesco admitting it overstated profits by $410 million. âI want to apologise to all those affected. What happened is a huge source of regret," CEO Dave Lewis said.