Problems arose because a partner in Deloitte, Maghsoud Einollahi, was giving tax and corporate finance advice to four MG Rover directors and related firms, while Deloitte was acting as auditor to MG Rover

The news that a UK professional services firm can be fined for not managing a conflict of interest must have taken many in Dublin by surprise. Surely (...)

A view of a former entrance and sign at the MG Rover cars plant in Longbridge, Birmingham. Deloitte has been fined £14 million by the industry watchdog over “persistent” failings in its dealings with the collapsed car manufacturer.

Deloitte, one of the “Big Four” accountancy firms, has been fined a record £14 million (€16.6 million) for failing to manage conflicts of interest in (...)

The Financial Reporting Council has fined Deloitte  a record £14 million  over MG Rover advice. Photo: Bloomberg

Accountancy firm Deloitte has been fined a record £14 million (€16.6 million) for failing to manage conflicts of interest in its advice to collapsed B(...)

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