The tiny audit firm responsible for signing off the accounts of several of Sanjeev Gupta’s metals companies has said it quit because it could not obtain enough information about a fraud investigation or whether they had enough cash to survive.
King & King said there was a “lack of sufficient information and evidence” on several issues and raised concerns over whether the businesses could remain solvent, according to near-identical letters filed to the UK’s companies register for five separate companies controlled by Gupta.
