Sanjeev Gupta thanked the Tory minister Nadhim Zahawi for his “personally instrumental” role in enabling Greensill Capital to make taxpayer-backed Covid business support loans, in a letter released by the government.
Greensill collapsed last year, sparking a lobbying scandal involving the former prime minister David Cameron and a Serious Fraud Office investigation into more than £300m of loans to businesses linked to GFG Alliance, the metals conglomerate run by Gupta, under the Coronavirus Large Business Interruption Loan Scheme (CLBILS).