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UK fraud agency investigating Whyalla Steelworks owner Sanjeev Gupta over Greensill dealings – ABC News
Sanjeev Gupta’s company is being investigated by the UK’s Serious Fraud Office over suspected fraudulent trading and money laundering, including financial arrangements…
The UK’s Serious Fraud Office (SFO) has announced it is investigating SA Whyalla Steelworks owner Sanjeev Gupta’s company, Gupta Family Group (GFG) Alliance.
Key points:
- The GFG Alliance is being investigated over suspected fraud and money laundering
- Greensill Capital, owned by Australian businessman Lex Greensill, was a major lender to Mr Gupta’s business and collapsed last month
- Former British PM David Cameron has been investigated over his lobbying for Greensill
The office says it will look into…
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