The Australian businessman has been banned from company directorship after the spectacular collapse of his financing firm Greensill Capital.
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London | Britain said it would ban Australian financier Lex Greensill, founder of supply chain financing firm Greensill Capital which collapsed with huge losses in 2021, from acting as a company director for nine
years.
The company collapsed after one of its main insurers declined to renew its cover. Its UK arm had liabilities of over £1.6 billion ($3 billion), causing heavy losses for investors and prompting lawsuits and regulatory probes.
Lex Greensill banned as company director for nine years after multi-billion-pound collapse
Lex Greensill banned from directing companies in UK for nine years
Financier Lex Greensill banned from running UK companies for nine years
Greensill-Affäre: Ex-Financier darf neun Jahre keine britischen Firmen führen
UK construction company plunges into liquidation after 40 years
UK Insolvency Service has confirmed that financier Lex Greensill will face a nine-year ban from serving as a company director.
The Australian businessman had previously sought to challenge the Government’s bid to ban him.
Founder of Greensill Capital says there was no finding he acted dishonestly after his company collapsed owing £1.6bn
Der Kollaps seiner Finanzfirma hat den Untergang der Credit Suisse beschleunigt. Jetzt wird der Financier Lex Greensill dafür…
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