British regulators to probe MG Rover collapse: reports
Britain's Serious Fraud Office will probe the demise of historic car manufacturer MG Rover which collapsed in 2005 with the loss of 6000 jobs, media reports said on Sunday.
The BBC reported, without citing its source, that UK Business Secretary Peter Mandelson would announce the investigation before parliament on Monday.
The British Sunday Times, which also gave no source, added that a long-running government inquiry had found there were grounds for a criminal investigation.
An SFO spokesman declined to comment. - AFP
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