![]() ![]() SUSAN HAWLEY, EXECUTIVE DIRECTOR, SPOTLIGHT ON CORRUPTION: We are looking at fraud, we are looking at balance sheet manipulation, we are looking at a major, major accounting scandal. STEPHEN LONG: The fallout has sparked a political scandal and investigations of suspected corporate fraud. KINGSLEY EWINGS, TRUCKING CONTRACTOR: Well, it's the largesse of a billionaire but we're not being paid. Putting tens of thousands of jobs at risk across the globe …including in Australia STEPHEN LONG: The collapse is threatening the business empire of another billionaire, steel baron, Sanjeev Gupta. LEX GREENSILL, FOUNDER, GREENSILL CAPITAL: No, Ms McDonagh, I am not. SIOBHAIN MCDONAGH MP: Mr Greensill, are you a fraudster? STEPHEN LONG: Before the business Lex Greensill built came crashing down. STEVE CLAPHAM, FORENSIC ACCOUNTANT AND FOUNDER "BEHIND THE BALANCE SHEET": He's been a brilliant salesman, and he's had an incredible ambition.ĬORPORATE VIDEO: Greensill changing finance to change the world. JOHN HEMPTON HEDGE FUND MANAGER: Lex bought credibility really well, he associated himself with politicians, with famous people he looked the part. STEPHEN LONG: The tale of an Australian who wooed the rich and powerful on his way to becoming a billionaire.ĭAVID CAMERON, BRITISH PRIME MINISTER (2010-2016): I was paid an annual amount, a generous amount, far more than what I earned as Prime Minister. SATYAJIT DAS, FORMER FINANCIER AND AUTHOR: You use terms like financial engineering, disruption, democratisation of finance, you spice with mystique, get a few endorsements from the good and great, then you stir it, and then you serve it up to the ignorant customers and investors as something very clever, glamorous and innovative. STEPHEN LONG Reporter: This is the story of one of the biggest corporate scandals since the Global Financial Crisis ROBERT SMITH, CAPITAL MARKETS CORRESPONDENT, FINANCIAL TIMES: There were so many elements of this where it looked like a house of cards. ![]() ![]() 'GOOD MORNING BRITAIN', RACHEL REEVES MP: It's about lobbying, it's about sleaze, it's about cronyism and corruption. ![]()
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