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 Elmes Beale John Elmes Beale John Elmes Beale (December 6, 1847 – July 1, 1928) was an English politician and merchant. He was Mayor of Bournemouth in 1902, 1903 and 1904. He founded Beales, Bournemouth's largest department store. Born in Hartford Terrace, Melcombe Regis, Dorset, England, Beale was also a stalwart of the Richmond Hill Congregational Church to which his great friend, Mr. Okey, introduced him. Beale was largely responsible for securing the services of the Rev. J. D. Jones for the church, after a previous preacher left. He also took over Mr. Okey's draper's store in Commercial Road and turned it