Phoenix Venture Holdings collapse of the company. The report, which was only concerned with dealing with the directors and their actions while MG-Rover Group was still trading, revealed that the five executives involved took £42m in pay and pensions from the troubled firm before it collapsed. The report also commented on the personal relationship between Nick Stephenson and Dr Qu Li, who was paid more than £1.6m in the 15-month period up to April 2005 for consultancy services. Additionally, fellow Director Peter Beale was accused of installing a software application, Evidence Eliminator, which may have destroyed documentation relevant to the investigation. The investigators
John W. Stephenson John W. Stephenson Sir John Walker Stephenson (1888 – 15 May 1960) was a British trade unionist. Born in Northumberland, Stephenson completed an apprenticeship as a plumber and joined the United Operative Plumbers and Domestic Engineers Association of Great Britain and Ireland. He was active in the union for many years before winning election as its general secretary in 1929. As general secretary, Stephenson was prominent in the wider trade union movement, serving as the Trade Union Congress' delegate to the American Federation of Labour in 1938, as President of the Confederation of Shipbuilding and Engineering Unions from 1939 to