Financier Lex Greensill banned from running UK companies for nine years
Former financier Lex Greensill has been banned from serving as a UK company director for nine years following the collapse of his firm, Greensill Capital. The insolvency resulted in £1.6bn in liabilities and significant financial losses for Credit Suisse.
Why it matters
The case highlights the risks of supply chain finance and the political fallout associated with high-profile lobbying and corporate governance failures.
Lex Greensill leaves court after a hearing last year. Photograph: Sean Smith/The Guardian View image in fullscreen Lex Greensill leaves court after a hearing last year. Photograph: Sean Smith/The Guardian Greensill Financier Lex Greensill banned from running UK companies for nine years Founder of Greensill Capital says there was no finding he acted dishonestly after his company collapsed owing £1.6bn
The report relies on official Insolvency Service statements and court rulings, maintaining a factual tone regarding the disqualification.
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