Jun 19, 2026 – 1.08pmThe chief executive of InfraBuild, which is Sanjeev Gupta’s last major business in Australia, has been caught up in an investigation by Spanish authorities over an emergency bailout loan at a large steel tube maker he was running.Francisco Irazusta, who joined the steel distribution company as CEO in October 2023, was the chairman and chief executive of steel tube maker Tubos Reunidos in Spain for three-and-a-half years from April 2020.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles