Greensill Capital founder Lex Greensill revealed some $US15.7 billion ($21 billion) of assets sold by the collapsed supply chain finance company in 2020 were “future receivables” that were mostly passed on to Greensill Bank in Germany.

The disclosure comes as documents obtained by The Australian Financial Review under Freedom of Information laws show GFG Alliance boss Sanjeev Gupta wrote to NSW Premier Gladys Berejiklian in early March around the time of Greensill Capital’s demise to warn of a “complex and fluid situation”.