Today news
About the same in other media
Sanjeev Gupta’s GFG denies wrongdoing amid French investigation
Reading now: 849
Sanjeev Gupta’s business empire has denied wrongdoing in its French operations after it emerged that it is being investigated by prosecutors in Paris.
GFG Alliance, an informal group of metals and energy companies including Liberty Steel, has faced a litany of challenges since the collapse in March of its key lender, Greensill Capital.
The collapse triggered a scramble for a new source of financing for Gupta’s companies, as well as investigations by the UK’s Serious Fraud Office and German regulators.
GFG’s interests range from Liberty, a UK steelmaker that employs 3,000 people, to aluminium, mining and energy companies as far afield as Singapore, the US and Australia. The group says it employs as many as 35,000 people worldwide with combined
Read more on theguardian.comAbout this in other media
More than 20 migrants drown after boat sinks near Calais, say French police euronews.com /2 years ago
Quirinale treaty: Will a new French-Italian pact shift the balance of power in Europe? euronews.com /2 years ago
EU to blacklist transport companies involved in human trafficking amid Belarus border crisis euronews.com /2 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
