David Cameron dodges questions on his earnings from Greensill Capital

David Cameron

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The former UK Prime Minister, David Cameron, has dismissed claims that he received a £10 million payout from Greensill Capital, which went bankrupt recently. However, he has declined to disclose the exact amount he was compensated by the controversial corporation.

During a thorough interview, the overseas minister refused to respond to a series of questions about how much money he received for working as a lobbyist for the business.

During the pandemic, Lord Cameron was involved in forceful advocacy for Greensill Capital, which was brought to light through the Greensill scandal.

Lord Cameron avoided answering several queries on his income from lobbying for Greensill Capital.

In the past, there have been inquiries regarding his association with financier Lex Greensill, who established a company that is no longer operating, as well as his unusual entry to ministers and officials following his departure from No 10.

When questioned about the reported £10 million payment, he responded to Sunday with Laura Kuenssberg on BBC and denied it, saying it was incorrect.

Instead of clarifying how much he was paid for lobbying for Greensill, Lord Cameron chose to steer the conversation towards his advocacy for Alzheimer's Research UK. He attempted to avoid the question and provide an alternative topic of discussion.

He expressed that as a regular person, he had diverse hobbies and undertakings, which included substantial humanitarian actions. He believes that as a normal individual, one should have the freedom to do those things.

Laura Kuenssberg kept asking him repeatedly and he retorted by saying that he is a person who prefers to keep his personal life out of the public eye. He also emphasized that he has made a point of disclosing his business dealings ever since he resumed his post in the government.

In 2021, Greensill Capital, the financial company headed by Lex Greensill, experienced a significant collapse.

The situation in which Lord Cameron was involved in lobbying for Greensill caused a lot of controversy which led to multiple investigations at Westminster. According to a parliamentary investigation conducted in 2021, the collapse of Greensill could have cost the taxpayers as much as £5bn. However, we are still unsure about the exact amount that the taxpayers will have to bear.

The ex-leader of the government affirmed that he did not violate any regulations in favor of the enterprise, nonetheless, he accepted that he should have interacted with the administration using "official procedures" rather than messaging platforms like text or WhatsApp.

Lord Cameron made many attempts to get the government-backed Covid loan scheme for Greensill. He and his team sent around 73 emails and messages to ministers and officials about the failed company in less than four months. He thought it was unreasonable for the company to not receive the loans and found the situation crazy.

A study done by the parliament revealed that Lord Cameron had demonstrated a substantial deficiency in his decision-making skills when it comes to the lobbying scandal.

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