Tesco has announced a lifting of the £2.1m pay settlement suspensions for its former chief executive and finance boss.
In a statement, Tesco said it had agreed to pay ex-CEO Philip Clark almost £1.22m and Laurie McIlwee £970,880, as part of their contract terminations.
The payoffs had been suspended during an investigation into the accounting practices at Britain's biggest retailer.
Last September it revealed a £263m accounting overstatement and launched an internal audit.
Tesco now says that following legal advice, it believes it does not have the ability to continue withholding the payments.
It added that the investigation by the Serious Fraud Office was ongoing.
Tesco said that it would seek recovery of the payments if new information was revealed that changed its current assessment.
New CEO Dave Lewis has sought to turnaround Tesco's performance amid a bitter supermarket price war and falling customer trust.
Thousands of jobs at the company are set to be cut as it mothballs planned stores and shuts unprofitable outlets.
The supermarket chain had its worst Christmas in a decade amid the price war and last month also announced the streamlining of its central operations.
The restructure forms part of £500m in cost savings outlined by the retailer in a strategic review published last November.
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