Greensill: State bank risked £335m to back lender, say MPs

The MPs’ report pointed to issues raised with the National Crime Agency about one part of GFG Alliance, Wyelands Bank, that the Treasury and the Department for Business, Energy & Industrial Strategy (BEIS) spoke about, but did not share with the British Business Bank “because they deemed it not to be relevant to the accreditation process despite Greensill being a significant financier to the GFG Alliance”.

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