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Chat Area => General Discussion Area => Topic started by: feeutfo on 10 September 2009, 22:50:14

Title: Rover, how it was over, report
Post by: feeutfo on 10 September 2009, 22:50:14
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.
Title: Re: Rover, how it was over, report
Post by: albitz on 10 September 2009, 22:53:46
........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. >:(
Title: Re: Rover, how it was over, report
Post by: TheBoy on 11 September 2009, 09:10:21
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


Title: Re: Rover, how it was over, report
Post by: Derek_in_Penzance on 11 September 2009, 09:29:26
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?
Title: Re: Rover, how it was over, report
Post by: TheBoy on 11 September 2009, 09:34:39
Quote
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
Title: Re: Rover, how it was over, report
Post by: tmx on 11 September 2009, 11:52:14
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