The auditor for several of Sanjeev Gupta’s group of companies has resigned from at least five of them.
London-based King & King is under investigation by the Financial Reporting Council for its audits of four GFG Alliance businesses.
This follows the Serious Fraud Office announcing in May 2021 that it was investigating GFG for suspected fraud and money laundering, soon after the collapse of its main financial backer, Greensill Capital.