The Government has launched an investigation into the purchase and administration of troubled electrical chain Comet.
The Department for Business, Innovation and Skills has tasked the Insolvency Service with scrutinising the process following a number of complaints from MPs.
The business was bought for £2 by Hailey Acquisitions, an investment vehicle put together by Henry Jackson of OpCapita, in November 2011.
They were given a £50m dowry from previous owner Kesa Electricals, now known as Darty, to run the chain.
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