Founder of Greensill Capital says there was no finding he acted dishonestly after his company collapsed owing £1.6bn
The disgraced former financier Lex Greensill has been banned from running a UK company for nine years after he was judged to be unfit because of the 2021 collapse of his £1.6bn supply chain invoicing firm.
The government’s Insolvency Service said on Thursday that Greensill had signed a disqualification undertaking, bringing the case to an end before a six-week trial was due to begin on 8 June.
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