Entrepreneur Sanjeev Gupta was going to rescue the Australian, UK, European and US steel industries— and save the planet with green steel. He did none of these things, but he did get very rich. This is the extraordinary story, told for the first time.
Sanjeev Gupta is a fast-talking billionaire with all the trappings of success. He boasts world-class charm, a huge appetite for risk, and a remarkable ability to inspire belief. The media christens him the 'Saviour of Steel'.
When he jets into Whyalla in South Australia to buy its bankrupt steelworks in 2017, Gupta is given a royal reception. He promises to invest billions of dollars in a mega green steel plant that will help save the planet. Now, his promises are unfulfilled, and his global empire is collapsing.
Corporate cops from several countries are chasing him for suspected fraud, fraudulent trading and money laundering. They are focusing on his dealings with a British shadow bank run by a former Bundaberg sugar cane farmer, Lex Greensill, who hired Britain's ex-PM David Cameron as a consultant and lent a whopping US$5 billion to the Gupta Family Group.
This is the incredible story of the meteoric rise and fall of an entrepreneur which will leave you asking: how on earth do people like Gupta get away with it?
'Unputdownable. Barry remains a master storyteller.'
Joe Aston
'A riveting account of a fast-talking, master manipulator who fooled the corporate world and an adoring media pack. This disturbing tale of steel-tycoon Sanjeev Gupta will leave you seething with rage.'
Kate McClymont
'Remarkable – a true story of shameless greed and governmental incompetence, told at a cracking pace and ending (inevitably) with a crash landing.'
Geoffrey Watson SC
'Paul has not only laid out in typically merciless detail the fantasy world of a sort of industrial Charles Ponzi but has also shown us how desperate are the politicians and media to believe in fantasies that suit them.'
Alan Kohler AM
'
The Big Steal is non-fiction, with all the trappings of fiction; livelihoods at stake, infectious promises, corporate villains, suckers, politics and ultimate betrayal - all wrapped up in a blanket of desperation, strain and intense emotion.'
Rex Patrick
'The story of the flashy entrepreneur, surrounded by lackeys, promising the world while bleeding it dry is one for our time.'
Chris Masters
- 360 pages
- English
- ePUB (mobile friendly)
- Available on iOS & Android
eBook - ePub
About this book
Information
Subtopic
Business BiographiesIndex
BusinessTable of contents
- COVER PAGE
- ABOUT THE AUTHOR
- ALSO BY THE AUTHOR
- TITLE PAGE
- COPYRIGHT PAGE
- CONTENTS
- DEDICATION
- PROLOGUE
- 1 | SUPER SALESMAN
- 2 | SAVIOUR OF STEEL
- 3 | SANJEEV’S BANKER
- 4 | LITTLE RED BOXES
- 5 | WHITE KNIGHT
- 6 | THE WHISTLEBLOWER
- 7 | SWISS MUGS
- 8 | A QUESTION OF CREDIT
- 9 | BACKLASH
- 10 | THE THIRD MOST-POLLUTING COALMINE IN AUSTRALIA
- 11 | PONZI SCHEME
- 12 | OUR PERPETUAL GOD
- 13 | THE SHIT HITS THE FAN
- 14 | BYE-BYE GREENSILL
- 15 | BLOOD IN THE WATER
- 16 | PROSPECTIVE RECEIVABLES
- 17 | A QUESTION OF TRUST
- 18 | NOT LISTENING, NOT LISTENING
- 19 | WHYALLA WIPEOUT
- 20 | GOTCHA
- 21 | THE DELUSIONIST
- 22 | ENDGAME
- 23 | SANJEEV’S LAST STAND
- 24 | A TANGLED WEB
- 25 | JUSTICE
- AUTHOR’S NOTE
- NOTES
- INDEX
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