Updated 6:10pm 6 May 2012

MG Rover fraud probe

THE Serious Fraud Office (SFO) is to investigate the collapse of MG Rover after a four-year probe into the Midlands car- maker’s demise.

Business Secretary Lord Mandelson is expected to confirm the SFO’s involvement today in a written statement to Parliament.

The move comes after a long-running inquiry into the collapse of Birmingham-based MG Rover in 2005, which led to the loss of 6,000 jobs at the car-maker and many more at suppliers and dealers.

The four executives in charge of MG Rover at the time reportedly said there was “no suggestion of improper conduct”.

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