Government seeks to disqualify Lex Greensill from managing a UK firm for 12 years

Lawyers tell high court the founder of Greensill Group made misrepresentations to insurers and investors that led to big losses

The government is seeking to disqualify the Australian financier Lex Greensill from managing a UK company for 12 years, the high court has heard.

Greensill, a former Australian sugar farmer, is the founder and chief executive officer of Greensill Group - which specialised in supply-chain finance - the UK wing of which entered into administration in March 2021.