LONDON (Reuters) - British grocer Tesco (L:TSCO) has asked a fifth senior executive to step aside as it investigates an estimated 250 million pounds overstatement of its first-half profit, the Financial Times reported.
Citing people familiar with the situation, the FT said Tesco asked Kevin Grace, commercial director, to step aside on Monday.
Tesco declined to comment on the report.
Tesco revealed the overstatement on Sept. 22 when the initial four directors were suspended.
(Reporting by James Davey; Editing by Mark Potter)