The Executive Counsel has filed a disciplinary Formal Complaint with the AADB in connection with the conduct of Deloitte LLP and of Mr Maghsoud Einollahi in relation to the four individuals known as “the Phoenix Four”and the MG Rover Group.
The events surrounding the takeover of MG Rover Group, the conduct of its business and its subsequent liquidation were the subject of a detailed inquiry by the Companies Act Inspectors appointed by the DTI. The AADB investigation was put on hold pending the outcome of the DTI inquiry, the report on which was published on 11 September 2009.
See full Press Release.
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