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Tokyo/London — In February 2020, SoftBank’s Masayoshi Son visited Indonesia, offering to invest billions of dollars towards the development of a new capital city. Lex Greensill, at the time a favourite of Son’s, was part of the entourage.

SoftBank had invested $1.5bn in Greensill’s eponymous finance company, but in a meeting with Indonesian president Joko Widodo, Son introduced Greensill as the “money guy”, according to local TV footage...

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