London | Britain’s insolvency service has launched a court action to ban fallen Australian financier Lex Greensill from running or controlling any company for 15 years – the toughest possible penalty.
The UK Insolvency Service has been investigating the spectacular collapse three years ago of Mr Greensill’s eponymous supply-chain finance company, after insurers pulled the plug on his high-stakes funding arrangements.
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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
