>> |
No. 35031
Anonymous
10th August 2021 Tuesday 5:34 pm
35031
Greensill: David Cameron 'made $10m' before company’s collapse
https://www.bbc.com/news/uk-58149765
David Cameron made about $10m (£7m) from Greensill Capital before the finance company collapsed, documents obtained by BBC Panorama suggest.
The documents indicate the former prime minister received $4.5m after cashing in Greensill shares in 2019.
Greensill, which made its money by lending to businesses, went into administration in March, leaving investors facing billions in losses.
Mr Cameron's spokesman said his remuneration was a private matter.
Greensill collapsed after its insurer refused to renew cover for the loans it was making.
Before its collapse, Mr Cameron unsuccessfully tried to persuade ministers to invest taxpayers' money in Greensill loans.
He has since been cleared of breaking any lobbying rules, but MPs said the former prime minister showed a "significant lack of judgement".
|