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Italian bank collapses on exposure to Greensill and GFG


Robert Smith, Kaye Wiggins and Silvia Sciorilli Borrelli
May 25, 2021 – 9.18am
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London/Milan | An Italian bank has collapsed through exposure to Greensill Capital and GFG Alliance, as the shockwaves from the failure of the British finance company claimed another casualty.
Milan-based Aigis Banca, a specialist lender to small and medium-sized businesses, was ordered into liquidation by the Bank of Italy at the weekend, with larger peer Banca Ifis buying its assets and liabilities for the symbolic price of €1 ($1.60).
Lex Greensill before a British House of Commons inquiry earlier this month. Aigis Banca’s problems stemmed from investment products linked to invoices it had bought from Greensill.   ....

United Kingdom , Banca Ifis , Aigis Banca , Sanjeev Gupta , Greensill Bank , European Central Bank , Wyelands Bank , Deposit Protection Fund , Credit Suisse , Liberty Commodities , Metric Capital , Germany Based Greensill Bank , Interbank Deposit Protection Fund , ஒன்றுபட்டது கிஂக்டம் , சஞ்சீவ் குப்தா , ஐரோப்பிய மைய வங்கி , வைப்பு ப்ரொடெக்ஶந் நிதி , கடன் ஸ்யூயி , சுதந்திரம் பொருட்கள் , மெட்ரிக் மூலதனம் ,

White Oak: Why is the "white knight" so closely associated with Gupta's metal band?


White Oak: Why is the “white knight” so closely associated with Gupta’s metal band?
When the Office of Serious Fraud confirmed on Friday that Sanjeev was investigating Gupta’s GFG Alliance, it appeared that the potential rescuer of the metal group had left.
White Oak Global Advisors, which agreed to two emergency financial agreements with Gupta’s Australian and British steelmakers, said on Friday that “there is no way to continue discussions with any company investigated by the Office of Serious Fraud for money laundering.” .
Hours later, it was seemingly contradictory about GFG’s Australian business: “White Oak continues to make efforts to refinance Liberty Primary Metals Australia’s debt with due diligence and acceptable governance.” ....

United Kingdom , New York , United States , White House , District Of Columbia , San Francisco , David Cameron , Gupta Liberty , Bank Suisse , Office Of Serious Fraud , Westford Trade Services , Serious Fraud , Oak Global Advisors , Liberty Primary Metals Australia , White Oak , Greensill Capital , Liberty Commodities , Hong Kong Registered , British Steel , ஒன்றுபட்டது கிஂக்டம் , புதியது யார்க் , ஒன்றுபட்டது மாநிலங்களில் , வெள்ளை வீடு , மாவட்டம் ஆஃப் கொலம்பியா , சான் பிரான்சிஸ்கோ , டேவிட் கேமரூன் ,

Gupta Conglomerate Under UK Government Microscope Amid Launched Fraud Probe


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Sputnik International ....

United Kingdom , City Of , Sanjeev Gupta , David Cameron , Liberty Commodities , Greensill Capital United Kingdom Ltd , Gupta Family Group Alliance , Serious Fraud Office , Britain Serious Fraud Office , Greensill Capital United Kingdom , Liberty Commodities Limited , Greensill Capital , Liberty Steel , British Prime Minister David Cameron , Chancellor Rishi Sunak , ஒன்றுபட்டது கிஂக்டம் , நகரம் ஆஃப் , சஞ்சீவ் குப்தா , டேவிட் கேமரூன் , சுதந்திரம் பொருட்கள் , குப்தா குடும்பம் குழு கூட்டணி , தீவிரமானது மோசடி அலுவலகம் , பிரிட்டன் தீவிரமானது மோசடி அலுவலகம் , சுதந்திரம் பொருட்கள் வரையறுக்கப்பட்டவை , சுதந்திரம் எஃகு , பிரிட்டிஷ் ப்ரைம் அமைச்சர் டேவிட் கேமரூன் ,