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The Latest Breaking News from Greensill Capital

Liberty Steel Group says it is nearing deal with Credit Suisse and Greensill

Sanjeev Gupta-owned firm stands to win reprieve from creditors’ insolvency proceedings

The Guardian - UK

Sanjeev Gupta’s auditor quit over ‘lack of information’

King & King cites concerns over whether metals businesses could remain solvent

The Guardian - UK

Liberty Steel Dalzell parts ways with auditor

Accountancy firm King & King is being investigated by the UK's accounting regulator

Insider UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Auditor resigns from Sanjeev Gupta’s UK steel companies

Turmoil continues at businessman’s empire as King & King is investigated by accounting regulator

The Guardian - UK

What David Cameron is doing now - job disasters, bodyguard gun scandal and wife's misery

As Boris Johnson finally leaves, here is a look at what another former Prime Minister has been up to since departing 10 Downing Street - and whether he will return to politics

Daily Mirror

Pound signs blind politicians to the flaws of financial titans

City Voices: David Cameron and others were far too eager to advance the bankers

Evening Standard

The Pyramid of Lies by Duncan Mavin review – the disgraced financier who charmed David Cameron

This meticulous study reveals the greed and gullibility of the ex-prime minister whose endorsement of Australian financier Lex Greensill tells us much about how politicians operate

The Guardian - UK

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UK drops guarantees from £400m of Greensill loans to Gupta-linked firms

State-owned British Business Bank makes decision after investigation of lending practices

The Guardian - UK

Greensill scandal could happen again, Tory peer warns

Lord Pickles, who chairs the Advisory Committee on Business Appointments, discussed the issue with MPs on Thursday.

The Independent UK

Sanjeev Gupta’s GFG Alliance fails to get winding-up order thrown out

Credit Suisse, one of Gupta’s main creditors, started insolvency hearings against GFG companies last month

The Guardian - UK

City donations worth £15m raise concerns over influence on UK politics

Total donated to parties by financial firms and individuals tied to the sector over two years, report says

The Guardian - UK

Metals firm handed £586m Scottish Government support package facing court bankruptcy fight

Taxpayers could be hit with crippling losses if businessman Sanjeev Gupta’s GFG Alliance goes under as a result of the controversial deal signed by SNP ministers.

Daily Record

FRC launches inquiries into audits of four Liberty Steel companies

Watchdog to investigate King & King’s statutory audits of companies, owned by metals tycoon Sanjeev Gupta

The Guardian - UK

Serious Fraud Office visits Whyalla steelworkers owner GFG Alliance offices in UK in fraud, money laundering investigation

Properties linked to British billionaire Sanjeev Gupta's GFG Alliance have been searched by officers from the UK's Serious Fraud Office.

ABC News

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Birmingham Post

Steel giant Liberty responds to HMRC filing winding up petition with 3,000 jobs at risk

Loss of lender Greensill Capital started huge restructuring project with millions invested - now bosses are pleading for more time at key juncture

The Guardian - UK

Sanjeev Gupta thanked minister for key role in securing loans for Greensill

Metals tycoon wrote to Nadhim Zahawi after firm, which collapsed in 2021, gained access to Covid scheme

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