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[feeutfo]

highly criticises the 5 board members who paid 10 sobs for the company in 2000, then paid themselves something like 41 million pounds in total in the process of driving the aleing company over the edge.
BBC news on a report to be released tomorrow.

[albitz]

........and the report into the corruption cost the taxpayer £61 million,and doesnt criticise the government in any way apparently.As Littlejohn says,you couldnt make it up.

[TheBoy]

i thought it was all a well known story anyway, without the report  :-/

As well as those idiots, 2 other things really screwed Rover in its post BMW years (aside from BMW keeping the newly designed car (Mini and R37/1 series), leaving Rover with no new cars in development):

1) Longbridge
2) That pillock Woodley (?) from the Union

[Derek_in_Penzance]

I'm gobsmacked that another £16 million of taxpayers' money is down the drain. Surely the investigation needn't have cost that much. Is this another example of high falutin' accountants ripping off the government?

[TheBoy]

I'm gobsmacked that another £16 million of taxpayers' money is down the drain. Surely the investigation needn't have cost that much. Is this another example of high falutin' accountants ripping off the government?

Probably some of that was a bribe to keep the government unmentioned, as any 16m investigation should have been more thorough

[tmx]

Dont forget BMW still own all the Brand Trademarks too this is why that chinese company cant make the Rover 75 as BMW have kicked up a stink about them using the Rover 75 name