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Citibank Wind Up Bid Over GFG Units' $216M Debt Advances

By Silvia Martelli ( June 8, 2022, 4:13 PM BST) -- Citibank has won permission to move ahead with its bid to wind up three companies owned by embattled metal mogul Sanjeev Gupta, after showing they couldn't pay $216 million in debts regardless of the impact of COVID-19 after the collapse of their main lender, a London court has ruled....

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