David Cameron and Lex Greensill to appear before MPs next week
David Cameron and Lex Greensill will appear before MPs next week to answer questions on the collapse of the boutique bank of the same name amid a huge lobbying row.
The former Prime Minister was an adviser to the firm, which provided supply chain financing to firms including billionaire industrialist Sanjeev Gupta’s GFG empire.
In the two months since the bank fell into insolvency, there have been repeated reports of Cameron lobbying ministers and officials including Chancellor Rishi Sunak on behalf of the firm.
The allegations have led to accusations of “Tory sleaze” from the Labour Party, as well as the launching of multiple inquiries into the firm.
Cameron set for grilling over Treasury lobbying
Former PM and financier Lex Greensill will face select committee probe next week, MPs confirm
David Cameron PA
07 May 2021
David Cameron will next week be put under the spotlight to answer hugely uncomfortable questions over his lobbying of chancellor Rishi Sunak and HM Treasury perm sec Sir Tom Scholar on behalf of failed financial firm Greensill Capital.
Members of the Treasury Select Committee are running one of three parliamentary probes into the firm’s activities and its access to government ahead of its collapse into administration earlier this year.
Today the committee said it would be taking evidence from Cameron, who was prime minister from 2010 to 2016, and then worked for Greensill from 2018, on Thursday 13 May. It will subject Lex Greensill to a grilling two days earlier.
One could ask the question: how did the financial system got us into such a mess? First one has to look at the value of anything and nothing… On average:
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