Source · Select Committees · Business and Trade Committee

Recommendation 13

13 Not Addressed Paragraph: 78

The way in which future, or prospective, receivables operated between GFG Alliance and Greensill Capital...

Conclusion
The way in which future, or prospective, receivables operated between GFG Alliance and Greensill Capital is disputed by both parties. We note that several claims have been made about the use of future receivables and their relation to “suspect invoices” and welcome the Serious Fraud Office’s investigation into this matter.
Government response summary AI-generated
The government response expresses gratitude for the committee's agreement on not providing a grant to GFG Alliance, but does not address the observations regarding disputed future receivables or the Serious Fraud Office's investigation.
Summary of the government's response below — read the verbatim text to verify.
Paragraph Reference: 78
Government Response Not Addressed
HM Government · verbatim extract Not Addressed
Liberty Steel and the Future of the UK Steel Industry: Government response 7
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