The Serious Fraud Office has been called in to investigate the collapse of MG Rover more than four years after the carmaker went into administration. UK business secretary Lord Mandelson told the FT that he had an “obligation” to pass the investigation to the SFO following his review of the findings from a four-year independent inquiry. But the four executives in control of MG Rover at the time of its demise have accused him of using the probe as a ruse to forestall publication of the report, which is expected to be critical of the government.

This entry was posted by Stacy-Marie Ishmael on Monday, July 6th, 2009 at 4:38 and is filed under Capital markets. Tagged with MG Rover, Serious fraud office, sfo. Edit this entry.