London Daily

Focus on the big picture.
Saturday, Feb 22, 2025

David Cameron and Greensill Capital: 10 unanswered questions

David Cameron and Greensill Capital: 10 unanswered questions

Analysis: ex-PM is facing demands to explain his relationship with Lex Greensill. Here are 10 key questions

The financial services company Greensill Capital collapsed this month, which could trigger the demise of GFG Alliance, a conglomerate owned by Sanjeev Gupta, who owns the third-biggest steel company in Britain.

If Gupta’s Liberty Steel goes under, 5,000 British jobs are at stake.

The former prime minister David Cameron is facing demands to explain his relationship with Greensill Capital’s founder, Lex Greensill, the son of watermelon farmers who was made an adviser to the government in 2014 and appointed a CBE in 2017.

After Cameron left office in the wake of the EU referendum defeat, he became an adviser to Greensill’s company. So far, Cameron has declined to speak on the record about his relationship with Greensill, or his attempts to lobby on his behalf.

The questions that remain unanswered include:

1. Who introduced you to Lex Greensill? Was it your former cabinet secretary Sir Jeremy Heywood? And what role did you play – if any – in providing Greensill with a security pass and access to civil servants when you were in coalition government?

2. Who approached you in 2018 with an offer of a job as an adviser to Greensill Capital? What was the total value of your share options in Greensill?

3. It was claimed in the Times that you told friends you would make $60m from the listing of Greensill. Is this true?

4. It has been widely reported that you texted the chancellor, Rishi Sunak, to lobby on Greensill Capital’s behalf – is this true? Who else in government did you lobby?

5. Did you, as has been reported, ask Sunak to grant hundreds of millions of pounds in taxpayer-funded loans to the company?

6. Lex Greensill claimed that in 2018 you brokered an introduction to Barack Obama that helped him build up his business empire. Did you introduce Greensill to Obama?

7. Did you know how close Greensill Capital’s relationship with Gupta was?

8. Did you know how much money was being loaned out to Gupta’s metals empire, GFG Alliance?

9. Should lobbying rules be tightened in light of the current controversy to include in-house lobbyists such as you when you lobbied on Greensill Capital’s behalf?

10. Do you now regret saying in 2010 that lobbying “is the next big scandal waiting to happen. It’s an issue that crosses party lines and has tainted our politics for too long, an issue that exposes the far too cosy relationship between politics, government, business and money”?

Newsletter

Related Articles

0:00
0:00
Close
Good News: Senate Confirms Kash Patel as FBI Director
Officials from the U.S. and Hungary Engage in Talks on Economic Collaboration and Sanctions Strategy
James Bond Franchise Transitions to Amazon MGM Studios
Technology Giants Ramp Up Lobbying Initiatives Against Strict EU Regulations
Alibaba Exceeds Quarterly Projections Fueled by Growth in Cloud and AI
Tequila Sector Faces Surplus Crisis as Agave Prices Dive Sharply
Residents of Flintshire Mobile Home Park Grapple with Maintenance Issues and Uncertain Future
Ronan Keating Criticizes Irish Justice System Following Fatal Crash Involving His Brother
Gordon Ramsay's Lucky Cat Restaurant Faces Unprecedented Theft
Israeli Family Mourns Loss of Peace Advocate Oded Lifschitz as Body Returned from Gaza
Former UK Defense Chief Calls for Enhanced European Support for Ukraine
Pope Francis Admitted to Hospital in Rome Amid Rising Succession Speculation
Senate Republican Leader Mitch McConnell, at the age of 83, Declares His Retirement.
Whistleblower Reveals Whitehall’s Focus on Kabul Animal Airlift Amid Crisis
Politicians Who Deliberately Lie Could Face Removal from Office in Wales
Scottish Labour Faces Challenges Ahead of 2026 Holyrood Elections
Leftwing Activists Less Likely to Work with Political Rivals, Study Finds
Boris Johnson to Host 'An Evening with Boris Johnson' at Edinburgh's Usher Hall
Planned Change in British Citizenship Rules Faces First Legal Challenge
Northumberland Postal Worker Sentenced for Sexual Assaults During Deliveries
British Journalist Missing in Brazil for 11 Days
Tesco Fixes Website Glitch That Disrupted Online Grocery Orders
Amnesty International Critiques UK's Predictive Policing Practices
Burglar Jailed After Falling into Home-Made Trap in Blyth
Sellafield Nuclear Site Exits Special Measures for Physical Security Amid Ongoing Cybersecurity Concerns
Avian Influenza Impact on Seals in Norfolk: Four Deaths Confirmed
First Arrest Under Scotland's Abortion Clinic Buffer Zone Law Amidst International Controversy
Meghan Markle Rebrands Lifestyle Venture as 'As Ever' Ahead of Netflix Series Launch
Inter-Island Ferry Services Between Guernsey and Jersey Set to Expand
Significant Proportion of Cancer Patients in England and Wales Not Receiving Recommended Treatments
Final Consultation Launched for Vyrnwy Frankton Power Line Project
Drug Misuse Deaths in Scotland Rise by 12% in 2023
Failed £100 Million Cocaine Smuggling Operation in the Scottish Highlands
Central Cee Equals MOBO Awards Record; Bashy and Ayra Starr Among Top Honorees
EastEnders: Four Decades of Challenging Social Norms
Jonathan Bailey Channels 'Succession' in Bold Richard II Performance
Northern Ireland's First Astronaut Engages in Rigorous Spacewalk Training
Former Postman Sentenced for Series of Sexual Offences in Northumberland
Record Surge in Anti-Muslim Hate Crimes Across the UK in 2024
Omagh Bombing Inquiry Concludes Commemorative Hearings with Survivor Testimonies
UK Government Introduces 'Ronan's Law' to Combat Online Knife Sales to Minors
Metal Detectorists Unearth 15th-Century Coin Hoard in Scottish Borders
Woman Charged in 1978 Death of Five-Year-Old Girl in South London
Expanding Sinkhole in Godstone, Surrey, Forces Evacuations and Road Closures
Bangor University Announces Plans to Cut 200 Jobs Amid £15 Million Savings Target
British Journalist Charlotte Peet Reported Missing in Brazil
UK Inflation Rises to 3% in January Amid Higher Food Prices and School Fees
Starmer Defends Zelensky Amidst Trump's 'Dictator' Allegation
Zelensky Calls on World Leaders to Back Peace Efforts in Light of Strains with Trump
UK Prime minister, Mr. Keir Starmer, has stated that any peace agreement aimed at ending the conflict in Ukraine "MUST" include a US security guarantee to deter Russian aggression
×