UK Serious Fraud Office steps up GFG probe; group denies wrongdoing

The UK’s Serious Fraud Office has stepped up an investigation into some of the UK companies in the steel, aluminum and energy grouping Gupta Family Group Alliance and its historic relationship with financier Greensill Capital, which collapsed in March 2021. GFG Alliance said April 27 in an internal memo to employees that it will comply with the information request orders…

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