BBC: Lord Mandelson has called for the businessmen who ran MG Rover prior to its 2005 collapse to apologise for taking so much money out of the firm.
The business secretary said the so-called Phoenix Four, who bought Rover for £10 in 2000, had "feathered their own nests" during their time in charge.
A report found the men pocketed an "unreasonable" £42m in pay and perks.
The Phoenix Four blame Labour for Rover's collapse but Lord Mandelson said ministers had been "faultless".
'No humility'
And he rejected criticism that ministers had not done enough to try and save the firm, whose collapse cost more than 6,000 jobs.
However, opposition parties criticised the government for allowing the group to take control of MG Rover in the first place.
Earlier this year, the Serious Fraud Office chose not to pursue a criminal investigation into Rover's collapse and the conduct of the Phoenix Four. >>> | Friday, September 11, 2009
Watch BBC video: Lord Mandelson: "We've not seen an ounce of humility from them" >>>
