British billionaire Sanjeev Gupta and another of his top-ranking executives flagged uncertainties about the financial position of one of his two main Australian companies in November last year because it needed an extra funding injection.
Mr Gupta and his GFG Alliance in the past few days have been scrambling to put in place replacement funding after the high-speed collapse of Greensill Capital.
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Simon Evans writes on business specialising in retail, manufacturing, beverages, mining and M&A. He is based in Adelaide. Connect with Simon on Twitter. Email Simon at simon.evans@afr.com
Jenny Wiggins writes on business, specialising in infrastructure, telecommunications and transport. Connect with Jenny on Bluesky: @jennywiggins.bsky.social Email Jenny at jwiggins@afr.com
