Why this Trump acolyte is key to finding some of Greensill’s billions
The fight to recover funds owed to Credit Suisse clients has landed with West Virginia coal baron and senate hopeful Jim Justice and a small Virginia bank.
The latest efforts by former Credit Suisse clients to reclaim billions of dollars lent on their behalf by failed finance firm Greensill Capital centre on a small Virginia community bank, a coal baron with his eyes on the US Senate and a grandiose hotel with a bunker big enough to house Congress.
The collapse of Greensill three years ago kick-started a worldwide hunt to recover funds that has so far involved legal action against Japanese conglomerate SoftBank, negotiations over an Australian steel business and $US2.2 billion ($3.3 billion) of insurance claims.
