A steel tycoon who became the UK’s biggest bankrupt is accused of secretly diverting £63 million to his family rather than paying his company’s debts.
Pramod Mittal came to prominence in 2013 with the nuptials for his daughter, Shristi, in what was considered to have been the world’s most expensive wedding that cost £50 million.
The businessman, who lives in Mayfair, central London, was declared bankrupt seven years later, claiming to have debts of £2.7 billion. Mittal, 68, his wife and children are being sued at the High Court in London by one of his former companies which claims it is owed $216 million (£167 million).
• Judge overturns debt deal of Pramod Mittal, ‘Britain’s biggest bankrupt’
Global Steel Holdings, based…
