UK: Deloitte ‘failed at MG Rover’
Author: Tony Lewis | 2 February 2012
Auditors Deloitte and one of its partners failed to meet professional standards in advising the Phoenix Four consortium who bought MG Rover Group before the company collapsed in 2005 with the loss of 6,500 jobs and GBP1.4bn (US$2.2bn) in debts.
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