A metals firm that was handed a £586million Scottish Government support package to buy a Highland smelter is facing a court bankruptcy fight.
Taxpayers could be hit with crippling losses if businessman Sanjeev Gupta’s GFG Alliance goes under as a result of the controversial deal signed by SNP ministers.
The company, given massive state support to buy metal and power plants in Lanarkshire and Fort William, is now at the centre of a fraud investigation and it could be liquidated if it loses a court battle with creditors.
