Vince Cable wants to see if there is enough evidence to start disqualification proceedings against Andy Hornby, Lord Stevenson and Sir James Crosby, a source told the BBC.
He has told officials at the investigations and enforcement branch of the government's Insolvency Service to see if there is sufficient evidence to start disqualification proceedings against the three, the Business Department confirmed.
The Commission has hired an army of video photographers to gather evidence of any violation of these laws, which would mean disqualification of involved candidates.