Lex Greensill decries ‘code of silence' in $677m SoftBank lawsuit
Financier Lex Greensill said there was a 'code of silence' around a series of transactions with SoftBank to keep potential losses hidden, in his first public court appearance since the high-profile collapse of his firm.
Greensill is giving evidence at a $US440 million ($677 million) London trial brought by Credit Suisse against SoftBank over a restructuring agreement involving his trade finance firm in 2020.
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AU Financial Review
2 days ago
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Lex Greensill decries ‘code of silence' in $677m SoftBank lawsuit
Financier Lex Greensill said there was a 'code of silence' around a series of transactions with SoftBank to keep potential losses hidden, in his first public court appearance since the high-profile collapse of his firm. Greensill is giving evidence at a $US440 million ($677 million) London trial brought by Credit Suisse against SoftBank over a restructuring agreement involving his trade finance firm in 2020.
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Lex Greensill ‘slippery and prone to lying', court told
London | The former head of SoftBank's Vision Fund described financier Lex Greensill as 'slippery and prone to lying', according to correspondence disclosed in a complex $US440 million London court battle between the Japanese conglomerate and a fund of the defunct bank Credit Suisse. Rajeev Misra made the comment in an email to a colleague at SoftBank, whose funds were a big investor in Lex Greensill's eponymous lending company before its collapse in 2021 triggered a sprawling political and financial scandal.
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