The top dealmaker was forced to sit out of negotiations after Rob Speedie levelled accusations against him and others at the private equity giant.

A former executive at the buyout firm told his lawyer of alleged alcohol and drug-fuelled parties and said one of its businesses was a “drug-fuelled pit”.

A former executive at the buyout firm told his lawyer of alleged alcohol and drug-fuelled parties and said one of its businesses was a “drug-fuelled pit”.