Hints and tips:
...and several other European countries to Gupta’s Liberty Steel group....
...The past fortnight has seen Jez Butterworth’s The Hills of California and Beth Steel’s Till the Stars Come Down open on the London stage....
...However, according to “information held about the communication” at BEIS, the minister explained to the steel baron that “requests would need to be directed through BEIS officials”....
...it was victim of a “systematic fraud” perpetrated by Gupta that led to the discovery of more than 1,000 containers holding low-value materials instead of the expensive industrial metal used in stainless steel...
...The two Belgian steel plants, which together employ about 650 people, operate under GFG’s steel arm, Liberty Steel Group....
...The state of Gupta’s UK steel operations has been of particular concern, with unions warning that up to 5,000 jobs are at risk across the country....
...Separate Singaporean public filings show that in August and September 2020, the industrialist incorporated four new Singaporean holding companies — LRC One, Liberty Steel Newport Holdings, LPH Holdings and...
...A public domain name registration database lists the owner of many of the domains as Jwala Galva Steel, a subsidiary of the now-insolvent Indian steel manufacturer Uttam Galva....
...The steel magnate later told the FT that the company had been “identified as a potential customer” and financing was provided on that basis....
...The businessman and former director of Russian steel producer Evraz was placed under UK sanctions last year....
...He wrote last year to Carwyn Jones, former first minister of Wales, who had taken a job at steel tycoon Sanjeev Gupta’s GFG Alliance, a loose collection of Gupta family-owned businesses, which had hundreds...
...The decision was overturned after Gupta’s Romanian steel subsidiary Liberty Galati provided financial support for its Belgian counterpart in the form of a debt-to-equity swap worth €52.5mn as well as €3mn...
...Sanjeev Gupta, the steel baron under investigation by the UK’s Serious Fraud Office, previously held a near 10 per cent stake in the lender....
...Reporting by Andrew Jack, Nastassia Astrasheuskaya, Alice Hancock, Amy Kazmin and Cynthia O’Murchu...
...However, according to an FOI request by the FT, on October 5 2020, Gupta sent a letter to Zahawi, who as business minister was responsible for the steel industry....
...Sustainable timber clads the outside while Cor-Ten steel panels keep the heat in when it’s chilly outside (which it is here, even – actually, especially – in June; that’s what the huge fireplace is for)....
...With the clock running down, the FT’s Cynthia O’Murchu and DD’s Rob Smith took a closer look at the scale of the challenge facing Windhorst....
...Known to everyone as “Cornbread”, McCray developed a crush on a girl called Cynthia and began writing “Cornbread Loves Cynthia” all over North Philadelphia....
...Liberty Magona Srl which forms part of GFG’s steel operations, obtained an €86m loan, backed by Italy’s Sace export credit agency....
...Attempts to refinance his British steel plants have so far failed to progress and Gupta last month put Stocksbridge, a speciality steel mill in Yorkshire, up for sale....
...publish details of larger loans made through its Covid-19 emergency schemes to establish the full extent of borrowing taken out by collapsed finance group Greensill and channelled to the owner of Liberty Steel...
...White Oak had made a foray into crisis-hit steel businesses before lending to Gupta’s empire....
...Myners also asked the government to reveal the names of entities related to steel tycoon Sanjeev Gupta, owner of Liberty Steel, which received loans under the CLBILS scheme....
...The group was also the beneficiary of a £40,000 infrastructure grant for its steel mill in Newport that had originally been handed to its previous owner, Mir Steel, shortly before GFG bought it....
...Sanjeev Gupta himself previously owned Berkeley, but a decade ago sold it to Rajinder Miglani, the founder of now-insolvent Indian steel manufacturer Uttam Galva....
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