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Sanjeev Gupta suspends global advisory board Save Share We strain to conceive of a route, however serpentine, by which Sanjeev Gupta’s GFG Alliance will survive the collapse of its primary financier Greensill Capital and the subsequent revelations of its own profoundly dubious accounting practices. GFG Alliance companies owe Greensill approximately $US5 billion ($6.5 billion) and major Greensill creditor Credit Suisse has commenced legal proceedings to wind up multiple arms of Gupta’s “potentially delinquent” empire, including the Whyalla steelworks in South Australia. Legitimate businesses can generally survive the failure of their lenders by refinancing. But in this case the lender has failed precisely because of its over-exposure to this one customer – whose legitimacy is now very much an open question.

South australiaLiberty commoditieSimon mckeonRay horsburghAlexander downerRoss garnautRio tintoCs management servicesLiberty steelSunday timesSmorgon steelCarbon neutralதெற்கு ஆஸ்திரேலியாசிமோன் ம்க்கேொன்ராய் ஹார்ஸ்பர்க்அலெக்சாண்டர் டௌநர்