Tuesday, April 03, 2007
DTI to investigate Smolenski's TVR re-purchase
THE DTI has referred Nikolai Smolenski's re-purchase of the TVR business out of administration to the department's Companies Investigation Branch.
The decision, by the DTI minister Jim Fitzpatrick, was welcomed by the Transport and General Workers Union. The union has pressed for an inquiry into what happened at the Blackpool firm especially after Mr. Smolenski seemed to have divested responsibility to Blackpool Automotive which was then very quickly placed into administration.
"This is a good decision by the DTI," said Peter Booth, T&G national organiser for manufacturing. "It is the first step in delivering justice for our members but there is a long way to go in the process."
DATED: 03.04.07
FEED: AW
The decision, by the DTI minister Jim Fitzpatrick, was welcomed by the Transport and General Workers Union. The union has pressed for an inquiry into what happened at the Blackpool firm especially after Mr. Smolenski seemed to have divested responsibility to Blackpool Automotive which was then very quickly placed into administration.
"This is a good decision by the DTI," said Peter Booth, T&G national organiser for manufacturing. "It is the first step in delivering justice for our members but there is a long way to go in the process."
DATED: 03.04.07
FEED: AW
