The Republican governor took shots at the bankrupt Greensill Capital U.K. and said “it is a burden on our family beyond belief.” The Wall Street Journal first reported Justice’s debt on Monday.
Justice’s businesses face several other woes, including penalties totaling $3.2 million from the federal government and lawsuits over claims his companies failed to deliver coal.
Greensill sold the loans to investment funds managed by Credit Suisse Group AG, which froze the funds in March and is in talks with Justice’s Bluestone Resources Inc. and other borrowers to get paid, the Journal reported.
Justice said at his regularly-scheduled pandemic news conference that the loans were acquired to rebuild Bluestone after a period of decline. The Roanoke,…