Fallen financial mogul Lex Greensill pledged his personal guarantee on at least one deal for his now-collapsed supply-chain finance empire, meaning he could be on the hook for millions of dollars.
Sources with knowledge of the deal told The Australian Financial Review Mr Greensill offered such a guarantee for deferred payments for last year’s acquisition of financial technology outfit Earnd that remained outstanding.
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Liam Walsh writes on investigations and companies with The Australian Financial Review. He has won multiple media awards, worked in Japan and is now based in Brisbane. Email Liam at liam.walsh@afr.com.au
Jenny Wiggins writes on business, specialising in infrastructure, telecommunications and transport. Connect with Jenny on Twitter. Email Jenny at jwiggins@afr.com
Hans van Leeuwen covers British and European politics, economics and business from London. He has worked as a reporter, editor and policy adviser in Sydney, Canberra, Hanoi and London. Connect with Hans on Twitter. Email Hans at hans.vanleeuwen@afr.com
