Metal, money, mystery: How Sanjeev Gupta built his empire
The UK helped metals tycoon Sanjeev Gupta save the country’s last smelter. It was a lucrative deal. …
That commitment is guaranteed by the Scottish government, which in return receives a fee and security over Gupta assets, chiefly the companies that own the hydroelectric power assets. The quarterly payments will continue, the documents make clear, even if the power station breaks down, or the smelter can’t afford them.
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