Well, OK, maybe not actually lend him any money but:
The Indian-British businessman Sanjeev Gupta has described how companies within his steel conglomerate used stamps and digital images of his signature to certify documents because it was “simply not physically possible” for him to attend to the business personally and that the practice meant his signature was on documents he “had not personally reviewed or ever seen”.
Gupta’s legal representatives have made the statement in a defence document submitted as part of a $400 million dispute between Greensill, the collapsed financial firm, and Zurich, its insurer.
Big complicated business, of course he didn;t sign every doc, some of them were just stamped, he’d never even seen them.
The credit tho’ – I’m amazed he’s still going.
The post Got to give the bloke credit first appeared on Tim Worstall.
