Credit Suisse accepted ‘suspicious’ invoices for Greensill loan, FT reports

Credit Suisse provided an emergency loan of $140M to Greensill Capital based partly on "suspicious" invoices to companies — companies who deny ever doing the business stated on the documents, The Financial Times’ Robert Smith, Cynthia O’Murchu, Owen Walker and Kana Inagaki report. The bank provided the loan in October 2020, less than five months before the collapse of Greensill. Reference Link