Business
Failed financial empire Greensill can’t pay Australian staff made redundant – The Guardian
The company owes at least $1.75bn and faces a possible additional claim of about €2bn, the administrator says
BusinessThe company owes at least $1.75bn and faces a possible additional claim of about 2bn, the administrator says
Fri 19 Mar 2021 06.56 GMT
Greensill Capital, the Australian company that sits atop the failed financial empire controlled by former Bundaberg sugar farmer Lex Greensill, owes at least $1.75bn to creditors and cant pay between $2m and $3m owed to staff made redundant.
The company also faces a possible additional claim from German banks of about 2bn, although administrator Matt Byrne…
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