Wednesday, July 15, 2009

Government to oppose release of MG Rover report



The Government is to contest a Freedom of Information Act request by the former directors of collapsed car company MG Rover.

The directors, John Towers, Peter Beale, John Edwards and Nick Stephenson, known as the 'Phoenix Four', have requested the release of a report by the Financial Reporting Review Panel into the collapse of the company they owned through parent company Phoenix Venture Holdings.

The request will be held in Manchester on August 10 and 11. The four hope that the release of the Government report will help them clear their names. They took millions of pounds in pay and pensions prior to the collapse of the business.

DATED: 15.07.09

FEED: AW





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