Former PM under scrutiny over undisclosed perks and offshore trust

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Former PM,Scrutiny,Undisclosed Perks

Former Prime Minister failed to disclose taxable perks and offshore trust related to his work at Greensill Capital. Officials are investigating flights near his residences and an offshore trust created by Greensill. Concerns are raised about the rushed appointment process and background checks. Cameron was involved in the Greensill lobbying scandal.

Former PM, who became a life peer last week, under scrutiny over use of financier’s aircraft and offshore trust failed to fully disclose taxable perks such as flights on private planes when he worked for the collapsed lender Greensill Capital , the Guardian can reveal. In particular, officials are said to be looking at a number of flights that took off or landed near his house in Oxfordshire and also in Cornwall, where the foreign secretary has a holiday home.

They are also examining an offshore trust that it is understood was created by Greensill to pay him extra benefits. It comes amid wider concerns that the process for appointing the former prime minister to the House of Lords, and other background checks for his cabinet appointment, were rushed through in a bid to keep the details of Rishi Sunak’s reshuffle secret. Cameron was embroiled in the Greensill lobbying scandal after he exploited contacts gathered during his tenure as prime minister to try to win business for the now defunct supply-chain finance company at the start of the pandemic in early 202

Former PM Scrutiny Undisclosed Perks Offshore Trust Greensill Capital Flights Residences Appointment Process Background Checks Lobbying Scandal

 

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