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GFG Alliance fraud investigation raises further questions over Whyalla steelworks’ future – ABC News

A United Kingdom fraud agency probe into the owner of Whyalla steelworks once again throws the future of the regional South Australian operation into question.

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A United Kingdom fraud agency probe into the owner of Whyalla steelworks has once again thrown the future of the regional South Australian operation into question.
Key points:

  • The UK’s Serious Fraud Office yesterday revealed it is investigating GFG Alliance
  • It comes as GFG tries to secure refinancing following the collapse of its major lender, Greensill Capital
  • Local MP Eddie Hughes said the development adds extra uncertainty to Whyalla

The UK’s Serious Fraud Office (SFO) yesterday announced it was investigating…

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