Gupta empire facing UK fraud probe over Greensill
Simon Jack, 14 May 2021
The business empire of Liberty Steel owner Sanjeev Gupta is under investigation by the Serious Fraud Office (SFO).
The probe is over suspected fraudulent trading and money laundering, including its financing arrangements with failed company Greensill Capital UK. Greensill, a major lender to Mr Gupta’s business, collapsed in March.
GFG Alliance, Mr Gupta’s family conglomerate, said it would co-operate fully with the investigation. Continue reading “Article: Gupta empire facing UK fraud probe over Greensill”
