West Virginia Governor Hit by U.K. Lender Bankruptcy
By Cuneyt Dil | June 3, 2021
West Virginia Gov. Jim Justice confirmed on Tuesday that he is personally liable for $700 million in loans taken by his coal companies from a lender in the United Kingdom that went bankrupt.
The Republican governor took shots at the bankrupt Greensill Capital U.K. and said “it is a burden on our family beyond belief.” The Wall Street Journal first reported Justice’s debt on Monday.
Justice’s businesses face several other woes, including penalties totaling $3.2 million from the federal government and lawsuits over claims his companies failed to deliver coal.