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Transcripts for BBCNEWS Breakfast 20210810 05:50:00

Guarantee has been suspended but the suspension has been disputed so the government could still have to cough up government could still have to cough up £320 million because of this, then you have the serious fraud office investigation, including the 0ffice investigation, including the financing arrangement between sanjeev gupta and greensill. $5 financing arrangement between sanjeev gupta and greensill. san eev gupta and greensill. as part of sanjeev gupta and greensill. as part of panorama sanjeev gupta and greensill. as part of panorama you sanjeev gupta and greensill. as part of panorama you have sanjeev gupta and greensill. as part of panorama you have approached i sanjeev gupta and greensill. as part i of panorama you have approached the different parties, what are they saying? different parties, what are they sa inc? , ., , , different parties, what are they sa in? , ., ., different parties, what are they sa in.? , ., ,, ., ., saying? obviously we do the right to rel sa ....

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Transcripts for BBCNEWS Breakfast 20210810 05:48:00

Schemes. david cameron has told us he wasn t involved in any lending decisions but did become aware that greensill had much cash to one man here you will have heard of, sanjeev gupta. he his business empire by borrowing around $5 billion from greensill capital, and we have got hold of internal greensill documents which reveal the government knew the company of sanjeev gupta it was in trouble by starting 2020 because it was unable to make payments on its greensill loans. the investors whose money was the alleged didn t know because greensill uses its own cash to cover the repayments that could not be avoided. we saw an e mail sentin not be avoided. we saw an e mail sent in 2020 that says those unusual payments have been going on forfour months. it is not even robbing peter to pay paul, this e mail says, it is just recirculation of greensill ....

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Transcripts for BBCNEWS Breakfast 20210810 06:07:00

That s according to documents obtained by bbc panorama. the former prime minister had lobbied the government on behalf of the company and has repeatedly refused to tell mps what he was paid by greensill. a spokesman for mr cameron said his remuneration was a private matter. we rejoined now by our chief political correspondent adam fleming. i know this is a story that has lots of different threads, tell us what the reaction is in the analysis. labour said it was utterly ludicrous that david cameron was apparently paid so much to work for a financial services firm that then collapsed, they say because he hasn t broken any rules when it comes to lobbying government ministers and civil servants, that they would change the rules to ban former prime ministers from doing that. there s still a few things we don t know here. we do not know what the final cost to the taxpayer will be of the collapse of greensill capital and some of its ....

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Transcripts for BBCNEWS Breakfast 20210810 05:49:00

Funds and there is an e mail that was that administration may required. was that administration may reuuired. ~ ., ., ,, , was that administration may reuuired. ~ ., ., , , , was that administration may reuuired. . ., ., ,, , ,, required. what happens next? i guess this doesn t stop required. what happens next? i guess this doesn t stop here. required. what happens next? i guess this doesn t stop here. what - this doesn t stop here. what happened this doesn t stop here. what happened at this doesn t stop here. what happened at the this doesn t stop here. what happened at the time i this doesn t stop here. what happened at the time was i this doesn t stop here. what i happened at the time was that greensill capital didn t raise the alarm but instead look for a new investment from the uk commit. you will remember it might come as the pandemic began last year, david cameron was sent in to try to make it happen for the uk government to become an investor in greensill and thatis b ....

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Transcripts for BBCNEWS Breakfast 20210810 05:51:00

The two wesley s enquiries have confirmed he broke no real. thank ou ve confirmed he broke no real. thank you very much- confirmed he broke no real. thank you very much. panorama i confirmed he broke no real. thank you very much. panorama on i confirmed he broke no real. thank you very much. panorama on the i you very much. panorama on the iplayer if you missed it last night. 0bviously iplayer if you missed it last night. obviously you didn t miss it, andy! thank you. and we can speak now to the labour mp darrenjones, who is the chair of the house of commons business, energy and industrial strategy committee. we know they have already been two enquiries into this. given what you have seen from that, what do you think should happen now?- have seen from that, what do you think should happen now? there is a whole host of think should happen now? there is a whole host of issues think should happen now? there is a whole host of issues here think should happen now? there is a whole ho ....

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