The Competition Authority of Kenya (CAK) is investigating the bank accounts of supermarket chain Tuskys after the retailer defaulted on suppliers to the tune of Sh1.2 billion.

Tusker Mattresses Limited has been ordered to furnish the regulator with its monthly bank statements for the past one year for all bank accounts relating to its retail business by Friday this week. Documents seen by the Business Daily show that this is part of a wide-ranging investigation into one of the country’s largest supermarket operators, which has lost the trust of the regulator. Reference:https://www.businessdailyafrica.com/news/CAK-probes-Tuskys-bank-accounts/539546-5577742-w6oh8d/index.html

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