Britain will launch a criminal investigation into the 2005 collapse of automaker MG Rover, which led to the loss of more than 6,000 jobs, the BBC reports
The broadcaster says Business Secretary Peter Mandelson will announce the investigation by the Serious Fraud Office on Monday.
In 2000, Britain's Phoenix consortium bought Rover from Germany's BMW for a token price of 10 pounds.
Rover declared bankruptcy five years later with debts of more than one billion pounds. Its assets were sold in 2006 to China's Nanjing Automobile Group, which revived the MG sports car brand.
The government held a four-year inquiry into what went wrong. The four executives in control of MG Rover at the time said there was "no suggestion of improper conduct", the BBC says.
