Parliamentary inquiry into Cameron Greensill saga says lobbying rules are ‘insufficient’ July 20, 2021 A parliamentary committee looking into the Greensill saga blasted ex-prime minister David Cameron for the “significant lack of judgement” he showed in his support for the failed firm. The “Lessons from Greensill Capital” report by the Commons Treasury Select Committee found that the current ministerial lobbying rules are “insufficient” and “there is a good case [...]
David Cameron earned more than $1m a year as Greensill lobbyist July 13, 2021 Collapsed finance group Greensill Capital paid the former Prime Minister a salary of more than $1m (£722,000) a year to lobby government ministers and officials on behalf of the firm. Cameron was contracted to work 25 days a year as an adviser to the board, meaning his daily take home earnings amounted to more than [...]
Greensill Capital: The financial scandal that just won’t go away July 5, 2021 On Friday, it was announced that Credit Suisse will pay out a further $750m to backers of its Greensill-linked supply chain finance funds. Thus far, the lender has clawed back $6.1bn of the $10bn of its funding supported by collapsed supply chain finance firm Greensill Capital, up $200m on its previous update. The news follows, [...]
Greensill: David Cameron made multiple attempts to lobby Bank of England April 22, 2021 David Cameron made multiple attempts to lobby Bank of England (BoE) officials over allowing collapsed financier Greensill access to the bank’s Covid Corporate Financing Facility (CCFF) scheme. Documents obtained by Freedom of Information request show that Cameron contacted officials five times in total over the “incredibly frustrating” issue. It is the latest saga in a [...]
Hand it over: David Cameron ordered to show lobbying text messages April 21, 2021 Former prime minister David Cameron has been given two weeks to pass on the details of his text messages in which he attempted to lobby the chancellor on behalf of failed finance firm Greensill. In a letter to Cameron, the chairman of the Treasury select committee urged the former prime minister to release details of [...]
Greensill job allowed Bill Crothers to evade scrutiny, says former Home Office official April 15, 2021 Former Home Office permanent secretary Sir David Normington said that he was “absolutely amazed” that a top civil servant was permitted to work as a part-time adviser at Greensill Capital while still in Whitehall. Asked about the Bill Crothers case, Sir David told BBC Radio 4’s Today programme today: “Well actually, when I heard it, [...]
Prime Minister’s deputy chief of staff faces conflict of interest accusations April 14, 2021 Boris Johnson’s deputy chief of staff is facing accusations of a potential conflict of interest amid a lobbying scandal that has engulfed the Conservative party. Baroness Finn, who was appointed to her role in February, holds a 35 per cent stake in a company that advises governments including Saudi Arabia, Bahrain and Kazakhstan. FMAP Limited [...]
David Cameron ‘open to questions’ over Greensill lobbying April 13, 2021 David Cameron has said he will cooperate with a government inquiry into a lobbying row linked to collapsed finance firm Greensill. Boris Johnson yesterday announced an independent review into the way the former prime minister lobbied health secretary Matt Hancock and chancellor Rishi Sunak on behalf of Greensill and how contracts were awarded. The inquiry [...]
Greensill lobbying row: Rishi Sunak’s texts to David Cameron published April 8, 2021 Texts sent by chancellor Rishi Sunak to David Cameron relating to collapsed finance firm Greensill Capital have been published amid a row over lobbying. The former prime minister is facing an investigation over messages he sent to the chancellor asking for more Covid support for Greensill. In response to a Freedom of Information request, the [...]
Sunak questioned over Greensill Capital’s links to Covid loan scheme April 5, 2021 Greensill Bank clients get $3bn payout as Labour puhes for tighter lobbying rules after David Cameron lobbying probe