#sanjeevgupta — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #sanjeevgupta, aggregated by home.social.
-
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
-
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
-
Audit firm to Gupta metals empire fined and banned for ‘egregious’ failures https://www.theguardian.com/business/2026/jun/23/audit-firm-gupta-metals-empire-fined-and-banned-frc-uk #SteelIndustry #Accountancy #SanjeevGupta #Business #UkNews
-
Audit firm to Gupta metals empire fined and banned for ‘egregious’ failures https://www.theguardian.com/business/2026/jun/23/audit-firm-gupta-metals-empire-fined-and-banned-frc-uk #SteelIndustry #Accountancy #SanjeevGupta #Business #UkNews
-
CW: #Auspol #Whyalla Alleged fraudster and shonky business man behind the collapse of Greensill Capital is trying to convince Japanese investors to expand Whyalla Steelworks
“Executives from billionaire Sanjeev Gupta’s Australian steelworks and mining operations in Whyalla are in advanced talks with Japanese steelmakers and traders looking to invest in a major expansion of the business.”
They’d have to have rocks in their heads. This is a guy who spends nothing, gets governments to invest, builds nothing, and defaults on loans.
He reckons his company GFG has refinanced and has $500 million to invest (probably via some other government suckers, ask the Belgians ).
He’s currently sweet talking the Feds and trying to convince the South Australian government to give him $50 million. Pshaw. His current creditors can’t get any of the $5 billion he owes.
He’s being investigated for fraud and money laundering. I hope Ed Husic and Makinauskas and Tom Koutsantonis are just humouring him or are trying to get revenge for Greensill investors and not taking this loser seriously.
#SanjeevGupta #WhyallaSteel #SAPol #Greensill #GFG #EdHusic #Auspol #GreenSteel
-
CW: #Auspol #Whyalla Alleged fraudster and shonky business man behind the collapse of Greensill Capital is trying to convince Japanese investors to expand Whyalla Steelworks
“Executives from billionaire Sanjeev Gupta’s Australian steelworks and mining operations in Whyalla are in advanced talks with Japanese steelmakers and traders looking to invest in a major expansion of the business.”
They’d have to have rocks in their heads. This is a guy who spends nothing, gets governments to invest, builds nothing, and defaults on loans.
He reckons his company GFG has refinanced and has $500 million to invest (probably via some other government suckers, ask the Belgians ).
He’s currently sweet talking the Feds and trying to convince the South Australian government to give him $50 million. Pshaw. His current creditors can’t get any of the $5 billion he owes.
He’s being investigated for fraud and money laundering. I hope Ed Husic and Makinauskas and Tom Koutsantonis are just humouring him or are trying to get revenge for Greensill investors and not taking this loser seriously.
#SanjeevGupta #WhyallaSteel #SAPol #Greensill #GFG #EdHusic #Auspol #GreenSteel