David Cameron in the hot seat after the bankruptcy of Greensill Capital

David Cameron, then British Prime Minister, shortly after the announcement of his resignation, on June 25, 2016 during an armed forces parade in Cleethorpes (England).

David Cameron is already the man by whom Brexit happened. It is also likely to leave the memory of a Prime Minister (2010-2016) who has little regard for ethical questions. The controversy continues to swell in the United Kingdom, after the revelations of the Financial Times and Sunday Times on the very interested relations which the ex-leader maintained with the financier Lex Greensill, whose company, Greensill Capital, has just declared bankruptcy – putting at risk thousands of jobs in European steel.

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It appeared that Mr Cameron gave, from 2011, in all opacity, unreserved access to Downing Street to Mr Greensill, who had just created a business as promising as it was risky, offering advance financing to companies on hold. to be paid for their contracts. Close to the British executive, Mr. Greensill worked on an arrangement that the British state wanted to put in place to speed up reimbursements from the health system (NHS) to pharmacies in the country. When this scheme was ready, Greensill Capital took over the management.

Suspicion of “cronyism” around the conservatives

In 2018, two years after leaving Downing Street in the wake of the EU membership referendum, Mr Cameron joined Greenfill Capital as a special advisor. In these functions, the conservative, who had left a country historically divided because of Brexit, carried out various lobbying missions, including one with Prince Mohammed Ben Salman, after the murder of journalist Jamal Khashoggi. In 2020, Mr Cameron texted the UK Treasury branch, including Rishi Sunak, the current Chancellor of the Exchequer, asking for emergency loans for Greensill Capital – to no avail.

To believe the Financial Times, Mr. Cameron held options on the capital of Greensill, which could have brought him up to 70 million dollars (about 60 million euros) if the financial company had escaped bankruptcy … Labor is calling for an investigation, and the The controversy dangerously feeds the suspicions of “cronyism” that are building up around Boris Johnson’s conservative party. Since the start of the pandemic, large public contracts have gone discreetly to relatives of ministers – including Matt Hancock, Minister of Health, making them earn millions in the process.

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