Administrators will wind down Greensill activities and attempt to sell off parts of the business, which was founded in 2011 by Australian Lex Greensill AFP/Oli SCARFFLONDON: The Australian parent of failed specialist finance firm Greensill Capital, whose recent collapse sparked worldwide corporate fallout and a political scandal in Britain, has entered liquidation, administrators said Thursday.
Greensill Capital Pty Ltd, which is the parent company of the Global Greensill Group, had provided head office support and sourced funding for the finance giant's operations. Lex Greensill had obtained inside access to the Downing Street machine of then-premier Cameron, on the promise of helping to provide the government with the latest thinking on financial technology.
Cameron is most directly in the firing line because of his personal and undeclared lobbying, but denies any impropriety.