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Friend of Tortoise Exclusive

The £1billion Greensill swindle: how did it happen?

The £1billion Greensill swindle: how did it happen?

This event is exclusive to Friends of Tortoise

This is a newsroom ThinkIn. In-person and digital-only tickets are available.

In March 2021, an obscure financial technology company called Greensill Capital collapsed, going into administration. As it unravelled, a multibillion-dollar scandal emerged that would shake the very foundations of the British political system.

At the centre was an Australian financier named Lex Greensill. He had a simple idea – democratising supply chain finance – and disrupted a trillion dollar industry in the process. But a staid business model concealed dubious practices as Greensill made increasingly risky loans to fraudulent companies using other people’s money.

Featuring a cast including swiss bankers, global CEOs and world leaders, including former British Prime Minister, David Cameron, the story of Greensill is uncovered in Duncan Mavin’s new book, ‘Pyramid of Lies’ – the definitive account of how one man gained unfettered access to the inner workings of the British government. Join us for this ThinkIn which reveals how the grubby world of shadow banking really operates.

A newsroom ticket will include a copy of Duncan Mavin’s new book ‘Pyramid of Lies’.

editor and invited experts

Matthew d’Ancona

Duncan Mavin
Financial journalist