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Greensill: Politicians, financiers linked to scandal » Borneo Bulletin Online


April 26, 2021
LONDON (AFP) – The collapse of Greensill Capital has sparked a political scandal in Britain and cast a light on a shadowy world of finance.
Outlined below are the main political and financial personalities caught up in the affair:
Former British prime minister David Cameron, who resigned his premiership after backing the losing horse in the 2016 Brexit referendum, is the biggest name dragged into the scandal.
An advisor to Greensill after leaving office, Cameron privately lobbied senior United Kingdom (UK) government officials, including finance minister Rishi Sunak, for state support before the firm’s business model of supplying interim finance to companies imploded. ....

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Greensill Creditors OK Australian Liquidation; Further Investigations Expected


Greensill Creditors OK Australian Liquidation; Further Investigations Expected
Creditors of Greensill Capital Pty, the Australian parent of the collapsed British supply chain financier, voted on Thursday to liquidate the company, its administrator said, triggering deeper investigations into the conduct of its directors.
Grant Thornton (GT), the liquidator appointed for the Australian parent and its operating companies in Britain, said the majority of 26 creditors owed A$4.6 billion ($3.6 billion) by the collapsed financier voted for liquidation.
“The liquidators will continue to identify and realize available assets, monitor developments in relation to the administrations of Greensill UK and the Greensill Bank AG, and continue their investigations in relation to Greensill Capital Pty,” GT said in a statement. ....

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