Sanjeev Gupta’s GFG Alliance has not yet paid any of the $900 million it owes to collapsed supply chain finance firm Greensill Capital despite another debt deal in March, British administrators say.

The global steel group accessed about $5 billion in funding from Greensill Capital through various schemes, and still owes $US587 million ($900 million) directly to the administrators of the London-headquartered financier, which collapsed in March 2021.