Panorama, which received a libel writ from Venable after an earlier program on his financial affairs, claimed a government investigation found evidence of wrongdoing that could lead to Venables' disqualification as a company director.
Britain's Serious Fraud Office said Saturday it was examining Venables' affairs following the government probe into Venables' collapsed company, Edennote, which was used in the 1991 takeover of London's Tottenham club.
In a statement, Venables said he could "hardly believe" the fraud office probe and claimed the Panorama program, to be shown later Monday, would be "misleading."
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