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Grant Thornton bills £19m for first year of Greensill administration

Allen & Overy also charged £6.2m in legal fees as administrators’ bills mount

Professional services firms continue working to unwind the Australian financier’s empire
Professional services firms continue working to unwind the Australian financier’s empire Photo: Chris J. Ratcliffe/Getty Images

Grant Thornton generated £19m in fees during its first year as the administrator of collapsed supply chain finance company Greensill Capital, the accounting firm said in its latest progress report.

Greensill Capital collapsed in March 2021. Former UK Prime Minister David Cameron lobbied on behalf of the company, founded by Australian businessman Lex Greensill, to which he was a paid adviser.

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