Franking Machines
| No Fraud Investigation At MG |
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The Serious Fraud Office has confirmed that it will not be investigating the collapse of MG Rover. The company collapsed in 2005 with the loss of 6500 jobs and debts of £1 billion. The four executives have always denied any wrong doing but have been heavily criticised when it was revealed that they had taken £40 million in salaries and bonuses. The assets of MG Rover were sold to Nanjing automobile in 2005. |