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London | Britains insolvency service has launched a court action to ban fallen Australian financier Lex Greensill from running or controlling any company for 15 years the toughest possible penalty.
The UK Insolvency Service has been investigating the spectacular collapse three years ago of Mr Greensills eponymous supply-chain finance company, after insurers pulled the plug on his high-stakes funding arrangements.
Lex Greensill in London in 2018. Peter Braig
If the court agrees to disqualify the 47-year-old Mr Greensill, he would have to resign as th…
Read the full article at: https://www.afr.com/world/europe/uk-seeks-to-disqualify-lex-greensill-from-running-companies-20240308-p5fard