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GFG Alliance fraud investigation raises further questions over Whyalla
WebMar 5, 2024 · The Whyalla steelworks is owned by the GFG Alliance, headed by British billionaire Sanjeev Gupta. One of GFG's biggest lenders, Greensill, is facing insolvency in Europe, after global wealth manager Credit Suisse froze $US10 billion worth of investment funds that it relied on. WebMay 5, 2024 · An administration would threaten the jobs of 1,500 workers at Whyalla, plus another 400 at Tahmoor, in New South Wales. A GFG spokesperson said: “The new financing is sufficient to pay out [LPMA ... WebGood for. 1. Hummock Hill Lookout. You get to see the size of the Steel Works and the beautiful round jetty in the distance. 2. Whyalla Maritime Museum. Fiona was passionate about the ship, it’s restoration and Whyalla. 3. Ada Ryan Gardens. fun facts about nannie helen burroughs