Fitch Ratings says Gupta’s InfraBuild faces default within months
The sprawling steel business is the British industrialist’s last good asset. The credit agency says a breach of its lending ...
Sanjeev Gupta’s InfraBuild has a high risk of default on $880m in debt, ratings agency Fitch says
A default over $US550m in debt owed by Sanjeev Gupta’s Australian steel products company InfraBuild “could be imminent” Fitch ...
Ben Brazil’s InfraBuild lawsuit spurious and illogical: Gupta
In response to a New York lawsuit, the British industrialist said bond agreements expressly allowed the use of company funds ...
PwC fined £2.9m over audit of Sanjeev Gupta’s Wyelands Bank
PwC has been fined £2.9 million by the UK accounting watchdog over its audit of Sanjeev Gupta’s collapsed Wyelands Bank. The ...
Sanjeev Gupta’s InfraBuild delays accounts for third time in a month
Despite having circulated its unaudited half-year financial results to bondholders on March 3, it has repeatedly delayed a ...
PwC fined £4.5m over audits of Gupta-linked bank Wyelands
Big Four firm PwC has been fined over £4.5m over its audits of Sanjeev Gupta’s Wyelands Bank. Accountancy watchdog Financial ...
PwC Fined Over Audit of Gupta’s Wyelands Bank by UK Watchdog
A UK watchdog fined PricewaterhouseCoopers LLP and one of its accountants over their flawed audit of Sanjeev Gupta’s Wyelands ...
PwC fined 4.5 million pounds for unsatisfactory audit of Sanjeev Gupta’s Wyelands Bank in 2019
One of the worlds’ largest consultancy firms has been fined 4.5 million pounds ($9.2 million AUD) for “serious failings” in ...
Gupta fires back at private equity firm as InfraBuild sued
Sanjeev Gupta’s InfraBuild has attacked the Ben Brazil-led private equity firm FitzWalter over its ­demand for an immediate $800m repayment from GFG Alliance, describing its lawsuit as “spurious” and ...