KUBR

Director disqualified after £1.6bn collapse; misappropriated Credit Suisse funds

Greensill Capital Limited · Financial Services / Fintech Lending

Misuse of raised fundsGovernance failureRegulatory breach

The case in brief

Visible before detection

    Checks that could have surfaced it, on hindsight

    1

    Ownership / related-party links

    GFG Alliance concentration and related-party exposure would have revealed extreme counterparty risk

    Can mislead when: Nominee directors and offshore layers hide links. Name matching throws up false positives, so every flag shows its evidence path.

    2

    End-use tracing of funds

    Fund diversions from Credit Suisse investment to unauthorized purposes

    Can mislead when: Kubr sees only the company's own accounts. Once money reaches a third party's bank, Kubr can flag the payee but cannot see the next hop without that party's consent.

    Where Kubr services would have helped

    Borrower monitor

    Offered in India
    • C3 GFG Alliance concentration and related-party exposure would have revealed extreme counterparty risk
    • C6 Fund diversions from Credit Suisse investment to unauthorized purposes

    Proceeds tracer

    Offered in India
    • C3 GFG Alliance concentration and related-party exposure would have revealed extreme counterparty risk
    • C6 Fund diversions from Credit Suisse investment to unauthorized purposes

    Verified Snapshot

    Offered in India
    • C3 GFG Alliance concentration and related-party exposure would have revealed extreme counterparty risk

    Financial diligence

    Offered in India
    • C3 GFG Alliance concentration and related-party exposure would have revealed extreme counterparty risk

    Mapped from the checks each service runs. A hindsight reading of public records, not a promise that the failure would have been found.

    A summary of public documents. It reports what the sources say. It is not Kubr's finding and not a statement of guilt.