Steel tycoon Sanjeev Gupta faces French investigation

GFG's French operations facing inquiry over alleged misuse of corporate assets and money laundering

Sanjeev Gupta's business empire is being investigated by prosecutors in Paris in another blow to the steel tycoon.

GFG Alliance, an informal group of metals and energy companies including Liberty Steel, has faced a litany of challenges since the collapse in March of its key lender, Greensill Capital.