Question to the Department for Business, Energy and Industrial Strategy:

To ask Her Majesty's Government to which entities owned by Sanjeev Gupta did the British Business Bank extend the Coronavirus Business Interruption Loan Scheme; who was responsible for (1) credit assessment, and (2) due diligence; and from which accounts were any loans issued.

We are unable to provide information relating to individual borrowers as it is commercially sensitive. However, details of facilities made available under the Coronavirus Business Interruption Loan Scheme (CBILS) will be published where required by the European Commission’s Transparency Aid Module in due course.

CBILS facilities are delivered through the British Business Bank’s accredited lenders, who are responsible for making credit decisions in accordance with the scheme’s rules.