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The Guardian - UK
The Guardian - UK
Business
Mark Sweney

Sanjeev Gupta thanked minister for key role in securing loans for Greensill

The Conservative minister Nadhim Zahawi.
The Conservative minister, now education secretary, Nadhim Zahawi. Photograph: James Manning/PA

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).

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