December 18, 2025
Three Charged in Germany Over Greensill Bank Collapse Linked to GFG Loans
German prosecutors have charged three former officials of Greensill Bank for their part in the bank's 2021 collapse. The charges focus on loan misrepresentation and violations involving a €2.2bn refinancing tied to the Gupta Family Group's steel plants. The case highlights legal troubles continuing years after the bank’s dramatic failure.