Cameron, who was prime minister from 2010 to 2016, appointed the Australian banker as an adviser when he was in Downing Street. After leaving workplace, Cameron in flip grew to become an adviser to Greensill’s now-insolvent finance agency.
The Financial Times and Sunday Times newspapers have reported that Cameron contacted ministers on to foyer on behalf of Greensill Capital, together with sending texts to finance minister Rishi Sunak and arranging a personal drink between Greensill and Health Secretary Matt Hancock.
Britain’s Treasury has mentioned that the former prime minister contacted Sunak and two different ministers within the division to ask if Greensill may entry the federal government’s COVID-19 mortgage schemes.
In his first feedback on the row, Cameron mentioned that in his representations to authorities he was breaking no codes of conduct and no authorities guidelines.
Ultimately the end result of the discussions on Greensill’s proposals relating to the mortgage weren’t taken up, he mentioned, and subsequently his interventions didn’t result in a change within the authorities’s method.
“However, I have reflected on this at length,” he mentioned in a press release to the Press Association information company.
“There are important lessons to be learnt. As a former Prime Minister, I accept that communications with government need to be done through only the most formal of channels, so there can be no room for misinterpretation.”