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in the footsteps of giants...

A fleet of private jets, unparalleled access to the corridors of power, an honour bestowed by royalty, and stratospheric wealth Australian Lex Greensill was every inch the corporate titan.
With a company valued in the billions of dollars, Mr Greensill mixed with the rich and powerful on a grand scale, even calling one of the world s richest men his mentor, and a former British prime minister his employee.
It was a lifestyle that a boy from Bundaberg could normally only dream of living.
Yet many Australians had never heard of Lex Greensill until the company he founded came crashing down, sparking one of the biggest international financial scandals since the global financial crisis. ....

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Gupta-linked group fights receivership at firm behind major UK green project

Gupta-linked group fights receivership at firm behind major UK green project
eveningexpress.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from eveningexpress.co.uk Daily Mail and Mail on Sunday newspapers.

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Meltdown? Turmoil at Sanjeev Gupta's Liberty Steel stokes job fears in UK

Meltdown? Turmoil at Sanjeev Gupta s Liberty Steel stokes job fears in UK
Gupta was once seen as the saviour of British steelmaking but is now fighting for survival following the collapse of its main lender Greensill Capital and fraud allegations.
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A sign at Liberty Steel s Stocksbridge steel plant on May 26, 2021 in Stocksbridge, northern England. (Photo | AFP)
By AFP
LONDON: Sanjeev Gupta s Liberty Steel company one of the world s largest steel empires faces an uncertain future after announcing plans to sell three of its UK plants.
Liberty employs 3,000 UK workers and parent company Gupta Family Group (GFG) Alliance has 35,000 employees around the world, with metalworks and mines in Europe, the United States and Australia. ....

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Credit Suisse 'bankrolled Gupta despite warnings' from colleagues elsewhere at bank

Executives at Credit Suisse ignored warnings from colleagues about troubled Sanjeev Gupta, pressing ahead with funnelling billions to his business despite others at the bank blacklisting the steel tycoon. ....

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Sanjeev Gupta's Liberty Steel to sell UK plant in restructuring plan

Sanjeev Gupta s Liberty Steel to sell UK plant in restructuring plan
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Last Updated: May 24, 2021, 06:50 PM IST
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Synopsis
Gupta, who heads the wider Gupta Family Group (GFG) Alliance, and his newly-formed Restructuring and Transformation Committee held advanced discussions with Credit Suisse Asset Management (CS) in Dubai over the weekend to reach a formal standstill agreement on its Liberty Primary Metals Australia business while refinancing is completed that will repay Credit Suisse out in full.
Agencies
The company has said that it will cooperate with investigations as it continues its refinancing efforts.
Liberty Steel, the company led by British Indian businessman Sanjeev Gupta, on Monday announced very constructive and productive meetings as part of its ongoing restructuring plans, which will result in the sale of its Stocksbridge plant in south-east England to help pay back lender Credit Suisse. ....

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