Mansions, promises, sinking towns: Paul Barry looks at how one man fooled the world
The veteran journalist’s new book The Big Steal is a forensic, fury-inducing exposure of “steel saviour” Sanjeev Gupta.
In Paul Barry's book, "The Big Steal: How Steel Tycoon Sanjeev Gupta Fooled Australia and the World," the author delves into the elaborate scam perpetrated by Gupta. He buys rundown steelworks, aluminium smelters, and power stations in towns dependent on them, promising to invest millions to rescue and modernize these businesses.
Politicians, ministers, and local leaders flock to ribbon-cutting ceremonies, believing the hype without conducting proper due diligence. Gupta leaves behind the local workforce and community, while reaping the financial benefits.
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