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Sanjeev Gupta (born September 1971) is an Indian-born British businessman, and the founder of Liberty House Group. [1] He is the CEO and chairman of GFG Alliance , an international conglomerate that operates primarily in the steel and mining industries. [ 2 ]
The GFG Alliance had relied heavily on the failed finance company.
Gupta Family Group Alliance (GFG Alliance) is an international group of businesses associated with businessman Sanjeev Gupta and the British Gupta family. [ 2 ] [ 3 ] Collectively, companies in the alliance are involved in mining, industry and trading.
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On 30 August 2022, the former Indian Navy officers, Captain Navtej Singh Gill, Captain Birendra Kumar Verma, Captain Saurabh Vasisht, Commander Amit Nagpal, Commander Purnendu Tiwari, Commander Sugunakar Pakala, Commander Sanjeev Gupta and Sailor Ragesh, were arrested from Doha by the Qatari intelligence service. [8]
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One month later, Sanjeev Gupta, head of Liberty House Group, announced that his family had bought a part of the business from the administrators. [4] Liberty House bought Caparo Merchant Bar - one of the three solvent parts of the business that had continued trading - from the administrators in 2017.