Posts Tagged ‘MG’
Why Didn’t Insolvency Service Prosecute MG Rover’s Phoenix Four?
The former directors of MG Rover Group (MGRG), who pocketed over £40 million as the company spiralled into administration, should have been punished with lengthy disqualifications forcing them into early retirement and out of business management. Instead, Peter Beale, John Towers, Nick Stephenson and John Edwards – known as the ‘Phoenix Four’ – received bans…
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