London | The UK Insolvency Service has accused Lex Greensill of misconduct in dealings that led to $US440 million ($668 million) of losses for a Credit Suisse investment fund and of making “misrepresentations” in relation to his failed finance firm Greensill Capital’s insurance contracts.
The details of the agency’s lawsuit against Mr Greensill emerged for the first time on Tuesday (Wednesday AEST) after the High Court ordered the partial release of a court document following an application by the Financial Times.
Financial Times