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Proceeding contribution from John Hemming (Liberal Democrat) in the House of Commons on Tuesday, 14 June 2005. It occurred during Adjournment debate on MG Rover.


MG Rover

: If the hon. Gentleman had been listening to my speech earlier, he would have heard me mention that. I have always made the point that, putting aside the issue of money having been taken out of the company, the deal in question could have been done. We did not have to end up here. The DTI showed no interest in the governance issues at the time. My concern is about the behaviour of the DTI in undermining the company's trading position, doing a U-turn on the bridging loan, and doing a lot of damage throughout the process.


Secondary information

Type
Proceeding contribution
Reference
435 c40WH 
Session
2005-06
Chamber / Committee
Westminster Hall
Subjects
Insolvency Government assistance Rover Group Phoenix Consortium Shanghai Automotive Industry Corporation
Link
View this Proceeding contribution on www.publications.parliament.uk