After two and a half years, Sanjeev Gupta, whose business GFG alliance is the subject of a fraud and money-laundering investigation, has returned to the United Kingdom. Bloomberg sources say Gupta, who now resides in Dubai, is visiting the UK to see a sick relative and attend business meetings.

Sanjeev Gupta returns to the UK amid GFG fraud investigation

Britain's Serious Fraud Office is conducting a probe against tycoon Sanjeev Gupta's commodities empire. The probe encompasses the group's links to collapsed lender Greensill Capital.

In a statement, the anti-graft agency said it was "investigating suspected fraud, fraudulent trading and money laundering in relation to the financing and conduct of the business of companies within the Gupta Family Group Alliance (GFG), including its financing arrangements with Greensill Capital UK Ltd."

GFG said it would co-operate fully and would not comment further on the investigation. The SFO said it had no further comment.

Greensill Capital lent money to firms by buying their invoices at a discount, but it collapsed in March after one of its main insurers declined to renew its cover.

Its sudden failure has created waves around the world, drawing in Swiss investment bank Credit Suisse, German depositors and former British Prime Minister British Cameron, who was grilled in parliament this week over his lobbying efforts on behalf of Greensill.

Authorities are starting to home in on both Gupta and Greensill with Britain's Financial Conduct Authority on Tuesday saying it was formally investigating Greensill's UK operations as part of global probes.

Germany's financial regulator shuttered Greensill's Bremen-based bank and filed a criminal complaint against it earlier this year saying the lender could not provide evidence of receivables on its balance sheet.

GFG was Greensill's largest client. It said in February it would "collapse into insolvency" if the supply chain finance firm stopped providing it with working capital, Greensill said in its insolvency filing in March.

Greensill cited a $5 billion exposure to GFG Alliance when it filed for bankruptcy protection in Australia and Britain in March, a source familiar with the matter said on condition of anonymity.

(With inputs&nbsp;from&nbsp;agencies)

Britain's Serious Fraud Office is conducting a probe against tycoon Sanjeev Gupta's commodities empire. The probe encompasses the group's links to collapsed lender Greensill Capital.

Britain's Serious Fraud Office is conducting a probe against tycoon Sanjeev Gupta's commodities empire. The probe encompasses the group's links to collapsed lender Greensill Capital. In a statement, the anti-graft agency said it was "investigating suspected fraud, fraudulent trading and money laundering in relation to the financing and conduct of the business of companies within the Gupta Family Group Alliance (GFG), including its financing arrangements with Greensill Capital UK Ltd." GFG said it would co-operate fully and would not comment further on the investigation. The SFO said it had no further comment. Greensill Capital lent money to firms by buying their invoices at a discount, but it collapsed in March after one of its main insurers declined to renew its cover. Its sudden failure has created waves around the world, drawing in Swiss investment bank Credit Suisse, German depositors and former British Prime Minister British Cameron, who was grilled in parliament this week over his lobbying efforts on behalf of Greensill. Authorities are starting to home in on both Gupta and Greensill with Britain's Financial Conduct Authority on Tuesday saying it was formally investigating Greensill's UK operations as part of global probes. Germany's financial regulator shuttered Greensill's Bremen-based bank and filed a criminal complaint against it earlier this year saying the lender could not provide evidence of receivables on its balance sheet. GFG was Greensill's largest client. It said in February it would "collapse into insolvency" if the supply chain finance firm stopped providing it with working capital, Greensill said in its insolvency filing in March. Greensill cited a $5 billion exposure to GFG Alliance when it filed for bankruptcy protection in Australia and Britain in March, a source familiar with the matter said on condition of anonymity. (With inputs from agencies)

UK's Serious Fraud Office launches probe into Sanjeev Gupta’s Greensill Capital

BCCI ethics officer DK Jain has confirmed that the board has decided to examine the conflict of interest allegations against Indian captain Virat Kohli. These charges were thrown at the Indian skipper by Sanjeev Gupta.&nbsp;

Also read:<a href="https://www.wionews.com/sports/bcci-sends-conflict-of-interest-notice-to-rahul-dravid-saurav-ganguly-says-god-help-indian-cricket-241347">&nbsp;</a><a href="https://www.wionews.com/sports/bcci-sends-conflict-of-interest-notice-to-rahul-dravid-saurav-ganguly-says-god-help-indian-cricket-241347">BCCI sends conflict of interest notice to Rahul Dravid; Saurav Ganguly says 'God help Indian cricket'</a>

The allegations questioned how Virat Kohli is the captain of the Indian cricket team as well as the director of a company which has co-directors linked to a famous talent management company and said that Kohli violated the BCCI constitution which prohibits an individual from holding multiple positions.

The talent management company currently manages star players such as KL Rahul, Ravindra Jadeja and Rishabh Pant amongst others.

On July 4, Sanjeev Gupta, a member of the Madhya Pradesh Cricket Association, wrote a mail to BCCI ethics officer DK Jain and other executives including BCCI president Sourav Ganguly and CEO Rahul Johri.&nbsp;

According to Gupta's mail, Virat serves as one of the directors of Cornerstone Venture Partners LLP and Virat Kohli Sports LLP with his co-directors and he claims that the Indian skipper does not have any role in the talent management company of Cornerstone Sport and Entertainment Private Limited as it manages the commercial interests of Virat Kohli as well as several other Indian cricketers such as KL Rahul, Ravindra Jadeja, Kuldeep Yadav, Rishabh Pant amongst others.

He urged Kohli to relinquish at least one his post.&nbsp;

Earlier, Gupta had filed similar conflict of interest complaints against players including current BCCI president Sourav Ganguly, former batting legend Sachin Tendulkar and former Indian captain Rahul Dravid. However, in all those complaints, the cricketers were ultimately cleared of any allegations.

BCCI ethics officer DK Jain has confirmed that the board has decided to examine the conflict of interest allegations against Indian captain Virat Kohli. These charges were thrown at the Indian skipper by Sanjeev Gupta.

BCCI ethics officer DK Jain has confirmed that the board has decided to examine the conflict of interest allegations against Indian captain Virat Kohli. These charges were thrown at the Indian skipper by Sanjeev Gupta. Also read: BCCI sends conflict of interest notice to Rahul Dravid; Saurav Ganguly says 'God help Indian cricket' The allegations questioned how Virat Kohli is the captain of the Indian cricket team as well as the director of a company which has co-directors linked to a famous talent management company and said that Kohli violated the BCCI constitution which prohibits an individual from holding multiple positions. The talent management company currently manages star players such as KL Rahul, Ravindra Jadeja and Rishabh Pant amongst others. On July 4, Sanjeev Gupta, a member of the Madhya Pradesh Cricket Association, wrote a mail to BCCI ethics officer DK Jain and other executives including BCCI president Sourav Ganguly and CEO Rahul Johri. According to Gupta's mail, Virat serves as one of the directors of Cornerstone Venture Partners LLP and Virat Kohli Sports LLP with his co-directors and he claims that the Indian skipper does not have any role in the talent management company of Cornerstone Sport and Entertainment Private Limited as it manages the commercial interests of Virat Kohli as well as several other Indian cricketers such as KL Rahul, Ravindra Jadeja, Kuldeep Yadav, Rishabh Pant amongst others. He urged Kohli to relinquish at least one his post. Earlier, Gupta had filed similar conflict of interest complaints against players including current BCCI president Sourav Ganguly, former batting legend Sachin Tendulkar and former Indian captain Rahul Dravid. However, in all those complaints, the cricketers were ultimately cleared of any allegations.

BCCI to examine conflict of interest charge against Indian captain Virat Kohli

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Sanjeev Gupta returns to the UK amid GFG fraud investigation

UK's Serious Fraud Office launches probe into Sanjeev Gupta’s Greensill Capital

BCCI to examine conflict of interest charge against Indian captain Virat Kohli