Published: June 4, 2026 at 12:26 pm
Lex Greensill has been disqualified from acting as a company director for nine years.
The Australian financier, founder of collapsed North West FinTech Greensill Capital, has been banned until June 2035 following an investigation by The Insolvency Service.
Lex Greensill, a former sugar farmer now aged 49, was a director of three companies within the Greensill Group – Greensill Capital (UK) Limited, Greensill Limited and Australian parent company Greensill Capital Pty Limited – which collapsed in 2021 with combined liabilities of more than £1.6 billion.
Following the collapse it emerged that former Prime Minister Lord Cameron had sent dozens of messages during the COVID-19 pandemic requesting that Greensill be granted access to the government’s coronavirus loan support scheme.
Cameron had joined Greensill as an adviser after leaving Downing Street and owned stock options in the then-struggling company. The Treasury select committee found in July 2021 that the politician had shown a “significant lack of judgement”.
Lex Greensill was due to face a six-week trial from Monday (8th June), but that has been avoided after he signed a disqualification undertaking – a legally-binding agreement where directors do not dispute certain facts, for the purposes of the disqualification proceedings only, to end court action.