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Tycoon’s loyal lieutenant on ‘gardening leave’ and no longer taking active role in metals group
After coming unstuck on WeWork, the Japanese group pulled out all the stops to save its next investment
Metals magnate’s fresh legal battle with US private equity firm set to complicate Glencore deal
Former prime minister said to have made in excess of $40,000 a day from collapsed finance firm
Lender resorted to scheme after regulators warned about risky lending to steel group
Commodity trading house seeks to refinance debt at metals magnate’s aluminium business as market booms
Metals tycoon pulls out due to commercial sensitivities and the probe into his business empire
Group refocuses business and appoints new head of UK steel operations
FRC is also investigating audit of Sanjeev Gupta’s Wyelands Bank
Industrialist given a three-month delay as lenders adopt a more consensual approach
Eight businesses that borrowed from firm under taxpayer-backed programme revealed
MPs frustrated by CFO’s inability to answer questions about state of Sanjeev Gupta’s British plants
TransAsia is claiming more than $71m from GFG’s trading arm
The Swiss bank ignored red flags as it financed the British industrialist’s Sydney mansion and chased deal fees
Commodities trading house raised concern in July 2020 over a bill it apparently owed one of industrialist’s companies
Germany’s Saarstahl and Italy’s Beltrame also in running to buy tycoon’s factories
Thomas Grotzer promoted despite being one of several staff to whom concerns had been raised
Business secretary Kwasi Kwarteng tells MPs the 3 plants put up for sale are ‘good assets’
Plus, the succession battle heating up at Wall Street’s largest bank, and an ex-inmate reinvents himself in the world of private intelligence
Andrew Bailey tells MPs the NCA was informed of investigation over concerns about transactions with ‘certain parties’
Aigis Banca was ordered into liquidation by the Bank of Italy, with its assets transferred to a rival
Agreement over refinancing could pave the way for restructuring of Gupta’s business
Just over £2m of taxpayer funds were transferred to elsewhere in the industrialist’s empire
Jingye Group tells government it is ready to take on parts of Liberty Steel if industrialist fails to find fresh financing
Fears deepen among thousands of steelworkers as UK regulator launches probe into GFG Alliance
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