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Tycoon Sanjeev Gupta's Father Leaves UK As Group Battles For Survival
Parduman Gupta, father of embattled metals tycoon Sanjeev Gupta, has moved out of the U.K., just as the pair's GFG Alliance teeters on the brink following the collapse of its largest lender Greensill Capital.
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As Sanjeev Gupta Rose From Trader to Tycoon, Several Banks Backed Away
British industrialist Sanjeev Gupta's companies seemed to be prospering until his main lender Greensill Capital imploded last month. But before it collapsed, several banks cut off the commodity trading business of Mr Gupta's Liberty House Group.
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"An MBA In Corruption": World's Top Oil Trader Paid Bribes For Years
For years, the world's largest oil trading firm has maintained that it has "zero tolerance" for corruption. Now Vitol Inc. has admitted that it was paying bribes through a network of shell companies and sham contracts.
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Rags To Riches Tale Ends In Disaster For Noble Group's Richard Elman
With more than $1 billion of debt coming due in the next few months and no way to pay, Noble agreed to hand over the company to creditors, leaving Elman with a mere 1.8 percent stake
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Tycoon Sanjeev Gupta's Father Leaves UK As Group Battles For Survival
Parduman Gupta, father of embattled metals tycoon Sanjeev Gupta, has moved out of the U.K., just as the pair's GFG Alliance teeters on the brink following the collapse of its largest lender Greensill Capital.
-
As Sanjeev Gupta Rose From Trader to Tycoon, Several Banks Backed Away
British industrialist Sanjeev Gupta's companies seemed to be prospering until his main lender Greensill Capital imploded last month. But before it collapsed, several banks cut off the commodity trading business of Mr Gupta's Liberty House Group.
-
"An MBA In Corruption": World's Top Oil Trader Paid Bribes For Years
For years, the world's largest oil trading firm has maintained that it has "zero tolerance" for corruption. Now Vitol Inc. has admitted that it was paying bribes through a network of shell companies and sham contracts.
-
Rags To Riches Tale Ends In Disaster For Noble Group's Richard Elman
With more than $1 billion of debt coming due in the next few months and no way to pay, Noble agreed to hand over the company to creditors, leaving Elman with a mere 1.8 percent stake
