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The Guardian - UK
The Guardian - UK
Business
Jasper Jolly

German prosecutors bring charges against Greensill officials over role in bank’s collapse

Lex Greensill Sanjeev Gupta GFG Bremen
Greensill Bank
The three people are alleged to have circumvented banking regulations involving a €2.2bn refinancing of steel plants owned by GFG Alliance. Photograph: Fabian Bimmer/Reuters

German prosecutors have brought criminal charges against three people involved in running Greensill Bank for their role in the 2021 collapse of the lender.

The Bremen public prosecutor’s office said the unnamed people were charged with crimes related to the bankruptcy, as well as the misrepresentation of the German bank’s finances.

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