The international boards at the centre of Sanjeev Gupta’s industrial empire are losing high-profile directors and his global advisory panel is entirely defunct, isolating the British steel magnate as his financial troubles mount.
Mr Gupta’s GFG Alliance owns major steelmaking assets around the world, including the Whyalla steel mill in South Australia, which employs thousands of people, and other operations across the country.
Hans van Leeuwen covers British and European politics, economics and business from London. He has worked as a reporter, editor and policy adviser in Sydney, Canberra, Hanoi and London. Connect with Hans on Twitter. Email Hans at hans.vanleeuwen@afr.com
