Greensil scandal: Former British Prime Minister Cameron admits mistakes

Greensil scandal: Former British Prime Minister Cameron admits mistakes

Former British Prime Minister David Cameron, implicated in a lobbying scandal that shook political and financial circles, admitted on Sunday, following a long silence, flaws in his role of advising bankrupt financial company Greensill.

Greensil Capital, which specializes in short-term loans, filed for bankruptcy in early March, endangering some of its customers, such as the steel empire of billionaire Sanjeev Gupta, GFG Alliance.

The fall also caused a stir in the British political class as the role played by David Cameron, created by Australian banker Lex Greensill, for the benefit of the company.

The latter was hired in Downing Street when Mr Cameron led the government (2010–2015) and the British press noted the contracts obtained by his company through policies that he helped put in place was.

He was particularly accused of liaising with members of the government, including Finance Minister Rishi Sanak or Health Minister Hancock in favor of Greensill.

After weeks of silence, Mr Cameron responded to the press association agency in a lengthy statement, saying he had violated “neither the code of conduct nor government rule”.

Regarding the scandal “though it was thought of”, he believes that “important lessons must be learned:” I recognize as a former prime minister, that communication with the government, especially through the strongest channels Should be Formal, therefore, there is no room for misinterpretation ”.

Facing this question, the Finance Ministry published several messages sent to Mr Cameron by the sage craze last April, in which he specifically stated that he “pushed his team” to study Mr Cameron’s request.

A parliamentary lobbying oversight body ruled that conservatives such as the former Prime Minister, Rishi Sanak, did not break any rules by contacting a minister or senior officials directly.

On the other hand, the chief labor officer of the economy, Annelises Dodds, speculated that “the chancellor’s message to David Cameron raises very serious questions about the potential violations of Minister Kodak”.

Greensil was approved to issue state-guaranteed government loans under the Coronavirus Large Business Interruption Loan Scheme (CLBILS) Large Business Program.

The fall of Greensil is now on the verge of GFG Alliance Insolvency, which employs 5,000 people in the United Kingdom and 35,000 worldwide, sites such as Saint-Solve in France (Moskol Steelworks in the North and Heynge rail factory) and Moselle. With).

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