Tuskys feud continues
04 June 2013, 10:56
Nairobi - An auditor has been caught up in the middle of a fraud case pitting directors of Tuskys Supermarkets with a director alleging that the firm facilitated the creation of dubious companies.
According to Business Daily, documents filed in court by Yusuf Mugweru, a director at the supermarket chain, say that Deloitte, who are the company auditors, concealed material information on registration of other companies without the mandate of the board.
It is through these companies, Mugweru says in a sworn affidavit, that KES 1.6 billion was fraudulently diverted from the retailer.
- For more visit Business Daily
Join in the conversation on our Facebook page. Also get the latest news by following us on Twitter.