IAG offered insurance to Greensill finance businesses to cover bills from a Middle East health operator just nine months before the health group was accused of fraud, court documents show.
The operator, NMC Health, tumbled into administration only four months later with it admitting to undisclosed borrowings and the existence of suspected fraud.
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Jenny Wiggins writes on business, specialising in infrastructure, telecommunications and transport. Connect with Jenny on Bluesky: @jennywiggins.bsky.social Email Jenny at jwiggins@afr.com
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
