LONDON—The business empire of Liberty Steel owner Sanjeev Gupta, including its financing arrangements with bankrupt Greensill Capital UK, is being investigated by Britain’s Serious Fraud Office, the agency said Friday.
The SFO said in a statement that it is investigating suspected fraud, fraudulent trading, and money laundering within Gupta Family Group Alliance, including links to Greensill, the supply chain finance firm that went bankrupt earlier this year. Because this is an active investigation, the agency said it won’t be providing any further comment on its probe.
