#gfcalliance — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #gfcalliance, aggregated by home.social.
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There you go people… this is what #NeoLiberal economics is all about:
“The report also confirmed previous reports that GFG Alliance had moved about $200 million out of Liberty Bell Bay via inter-company loans.”"Cash outflows to related parties … have meant that the Company has had very limited cash resources to withstand supply chain difficulties and commodity price fluctuations which have impacted profitability," the report stated.”
You can bet #Gupta and his Corporate mates didn’t lose any money out of this insolvency…
#SanjeevGupta and GFC have a record of milking companies dry before pulling out.
https://www.abc.net.au/news/2026-07-25/liberty-bell-bay-administrators-report-insolvent/106957968
#LibertyBellBay #MaganeseSmetler #TaxPayerFunding #CashCow #TasPol #GFCAlliance #InterCompanyLoans
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There you go people… this is what #NeoLiberal economics is all about:
“The report also confirmed previous reports that GFG Alliance had moved about $200 million out of Liberty Bell Bay via inter-company loans.”"Cash outflows to related parties … have meant that the Company has had very limited cash resources to withstand supply chain difficulties and commodity price fluctuations which have impacted profitability," the report stated.”
You can bet #Gupta and his Corporate mates didn’t lose any money out of this insolvency…
#SanjeevGupta and GFC have a record of milking companies dry before pulling out.
https://www.abc.net.au/news/2026-07-25/liberty-bell-bay-administrators-report-insolvent/106957968
#LibertyBellBay #MaganeseSmetler #TaxPayerFunding #CashCow #TasPol #GFCAlliance #InterCompanyLoans