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The Guardian - UK
The Guardian - UK
Business
Jack Simpson

Sanjeev Gupta prosecuted for failing to file accounts for more than 70 companies

Sanjeev Gupta stands outside the Liberty steel pressing mill in Dalzell after completing its purchase, April 2016.
Sanjeev Gupta made his fortune in trading commodities before buying up struggling steel businesses in the UK and around the world through his GFG empire. Photograph: Russell Cheyne/Reuters

The steel tycoon Sanjeev Gupta is being prosecuted by Companies House for failing to file accounts for more than 70 companies listed in Britain.

Gupta, who was once described as “the saviour of steel” when he began rescuing failing British steelworks in 2017, is facing enforcement action from the UK’s business register for the late filing, which could result in a fine or being disqualified as a director.

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