"I am truly sorry": Greensill founder apologises as watchdog launches probe

Subscribe to the Evening Standard on YouTube:    / @thelondonstandard   The boss of collapsed finance company Greensill has apologised and said he takes full responsibility as the City watchdog launched a probe into the firm. Lex Greensill told the Commons Treasury Committee: “Please understand that I bear complete responsibility for the collapse of Greensill Capital. “I am desperately saddened that more than 1,000 very hard working people have lost their jobs at Greensill. Likewise I take full responsibility for any hardship being felt by our clients and their suppliers, and indeed investors in our programmes. He said that the decision of the company’s leading insurer, Tokio Marine, ultimately led to the collapse. Read more: https://www.standard.co.uk/news/uk/le...