Scandal-hit Greensill parent group enters liquidation » Borneo Bulletin Online

April 23, 2021
LONDON (AFP) – The Australian parent of failed specialist finance firm Greensill Capital Pty Ltd, whose recent collapse sparked worldwide corporate fallout and a political scandal in Britain, has entered liquidation, administrators said yesterday.
The demise of Greensill Capital Pty Ltd is the latest chapter in a saga that has ensnared Conservative politicians including ex-prime minister David Cameron.
The company had filed for bankruptcy last month for its operations in Britain, and also in Australia where its parent group is based and Germany where it has a banking arm.
Greensill’s implosion threatens about 50,000 jobs at companies that relied on its supply chain financing, including the steel empire of Indian-British billionaire Sanjeev Gupta.

Related Keywords

Germany ,Australia ,United Kingdom ,London ,City Of ,Britain ,Australian ,British ,German ,Sanjeev Gupta ,David Cameron ,Lex Greensill ,Greensill Bank ,Greensill Capital Pty Ltd ,Association Of German Banks ,Credit Suisse ,Global Greensill Group ,Capital Pty Ltd ,German Banks ,Australian Lex Greensill ,Australian Lex ,Greensill United Kingdom ,ஜெர்மனி ,ஆஸ்திரேலியா ,ஒன்றுபட்டது கிஂக்டம் ,லண்டன் ,நகரம் ஆஃப் ,பிரிட்டன் ,ஆஸ்திரேலிய ,பிரிட்டிஷ் ,ஜெர்மன் ,சஞ்சீவ் குப்தா ,டேவிட் கேமரூன் ,சங்கம் ஆஃப் ஜெர்மன் வங்கிகள் ,கடன் ஸ்யூயி ,மூலதனம் ப்டி லிமிடெட் ,ஜெர்மன் வங்கிகள் ,ஆஸ்திரேலிய லெக்ஸ் ,