As part of its revitalisation efforts, Tuskys told the CAK last month that it was exploring other funding options, including seeking a strategic investor by July 31, 2020.
It revealed that Tuskys provided information indicating that it made payments to suppliers amounting to Sh2.77 billion in June, 2020.
Troubled Tuskys supermarket is yet to submit a merger application to the competition watchdog ahead of bringing aboard a strategic investor, missing its own deadline.
In what points to a failure by the feuding directors to reach a consensus, the Nation has learnt that the retailer has not honoured a commitment to the Competition Authority of Kenya (CAK) to file the merger plan.
