IAG News: Taxpayers face losses on loan to Lex Greensill’s neighbour - 9th Jun 2022, 2:00pm

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British taxpayers face steep losses on a government-guaranteed loan Greensill Capital made to a business owned by a neighbour of its disgraced founder. Greensill collapsed in March last year, triggering a financial and political scandal that engulfed David Cameron, the former prime minister who advised the supply chain finance firm. The saga spanned Australia, where founder Lex Greensill used to run a watermelon farm; Switzerland, where Credit Suisse investors funded Greensill; and Japan, where ...

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