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Eldorado

David Cameron's links with Greenshill probed

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Eldorado

Former UK prime minister David Cameron is facing a probe by an influential standards watchdog over his links to Lex Greensill, the Australian financier whose eponymous company collapsed this month.

The Committee on Standards in Public Life, chaired by a former head of MI5, has privately indicated that it will consider submissions made by the opposition Labour party on Monday following reports in the Financial Times and Sunday Times.

The media investigations revealed how Greensill was given an unpaid but influential role at the heart of government years before hiring Cameron as an adviser and using him to lobby senior ministers at the start of the pandemic.

Financial Times article at MSN: Link

Related news...

Lib Dem MP accuses UK and Scottish governments of ‘complete failure of judgement’ over Greensill and Liberty Steel

Scotsman

Liberty Steel owner structure 'very opaque'

BBC at MSN: Link

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acute

 

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Eldorado

David Cameron reportedly attempted to lobby a second minister at the Treasury for coronavirus state-backed loans for the finance company Greensill Capital.

Mr Cameron, who resigned as prime minister after the Brexit vote, had been advising the company since 2018 and has come under scrutiny after reports emerged alleging he lobbied Rishi Sunak via text messages.

https://www.independent.co.uk/news/uk/politics/david-cameron-treasury-greensill-capital-b1826323.html

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Eldorado
Posted (edited)

Former prime minister David Cameron lobbied three different Treasury ministers as he tried to secure access for his employer Greensill Capital to a Bank of England coronavirus support scheme.

Rishi Sunak, the chancellor, revealed on Thursday that Cameron, who was an adviser to the now collapsed finance group, “reached out informally by telephone” to him and fellow Treasury ministers Jesse Norman and John Glen.

The revelation came in a letter from Sunak to the shadow chancellor, Anneliese Dodds, as the chancellor tried to clear his name after weeks of claims by Labour that he put Treasury officials under pressure to help Greensill.

Financial Times report: MSN

Rishi Sunak told David Cameron he had ‘pushed the team’ over Greensill

Rishi Sunak has been accused of trying to smooth the way for Greensill Capital to gain special access to emergency Covid loans after the release of text messages showing the chancellor told David Cameron he had “pushed the team” to see if it could happen.

Guardian report: MSN

Edited by Eldorado

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Eldorado

Treasury faces fresh probe over Greensill amid claims that officials considered changing loans scheme to help financier backed by Cameron

  • Greensill was accredited to provide loans of up to £50m to struggling firms
  • But it also wanted access to a larger company scheme
  • It is alleged that Treasury officials considered redesigning the Blue Chip scheme so Greensill might avoid losses from loans that did not get repaid

https://www.thisismoney.co.uk/money/news/article-9457353/Treasury-faces-fresh-probe-Greensill.html

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Eldorado

'Lessons to be learnt': David Cameron breaks silence over Greensill lobbying controversy

Former prime minister David Cameron has accepted he should have acted differently over his role in the Greensill lobbying controversy.

Sky news report

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Eldorado

Sir John Major urges ethics rules overhaul after David Cameron Greensill row

Telegraph report

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Eldorado

Greensill lobbying row deepens as it emerges top civil servant worked for firm while at Cabinet Office

A senior civil servant worked for Greensill Capital - the financial firm at the centre of the David Cameron lobbying row - while still employed in Whitehall, it has been revealed.

Questions have now been asked about why Bill Crothers did not consult a Whitehall watchdog before joining Greensill as a director.

Sky news report

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Eldorado

What is the Greensill Capital scandal and why is the former PM facing scrutiny?

The ever-evolving lobbying scandal involving former prime minister David Cameron, his former employer Greensill Capital and a number of ministers is a growing tsunami that's threatening to engulf the Tory party.

In a nutshell, the former PM had been communicating - via phone calls, texts, and meetings - with government ministers on behalf of the financial services company, in a bid to win from government a package of support to help survive the coronavirus pandemic.

The firm eventually collapsed, putting thousands of jobs at risk - but the issues potentially runs a lot deeper, with serious questions being raised about how government contracts are secured.

https://www.itv.com/news/2021-03-30/david-cameron-what-is-the-greensill-capital-scandal-and-why-is-the-former-pm-facing-scrutiny

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itsnotoutthere

"In a nutshell, the former PM had been communicating - via phone calls, texts, and meetings - with government ministers on behalf of the financial services company, in a bid to win from government a package of support to help survive the coronavirus pandemic."

Did they win the bid?

  • Haha 1

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Eldorado

Senior civil servants have been told they have until the end of the week to declare any other jobs they hold outside government.

Cabinet Secretary Simon Case said there was "acute concern" at the top of the civil service about issues that have emerged in the David Cameron lobbying affair.

On Tuesday, it was revealed former government chief commercial officer Bill Crother worked as a part-time adviser at Greensill Capital for the last three months he was in Whitehall.

Sky news report

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L.A.T.1961
21 hours ago, Eldorado said:

Senior civil servants have been told they have until the end of the week to declare any other jobs they hold outside government.

Cabinet Secretary Simon Case said there was "acute concern" at the top of the civil service about issues that have emerged in the David Cameron lobbying affair.

On Tuesday, it was revealed former government chief commercial officer Bill Crother worked as a part-time adviser at Greensill Capital for the last three months he was in Whitehall.

Sky news report

I dare say civil servants will soon be complaining about a witch hunt. ;)

First it was Dominic Cummings saying they were generally self serving and useless and now this. 

https://www.civilserviceworld.com/professions/article/permanent-civil-service-an-idea-for-the-history-books-new-no10-adviser-dominic-cummings-views-on-whitehall

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ted hughes
4 hours ago, L.A.T.1961 said:

I dare say civil servants will soon be complaining about a witch hunt. ;)

First it was Dominic Cummings saying they were generally self serving and useless and now this. 

https://www.civilserviceworld.com/professions/article/permanent-civil-service-an-idea-for-the-history-books-new-no10-adviser-dominic-cummings-views-on-whitehall

What!! The Civil Service has always been seen as the jewel in Britain's Crown- well-educated, decent, loyal.

Dominic Cummings rightly deserves condemnation for his role in Brexit and his general distain for anyone in Britain (his Moscow links are well-known, as are Boris Johnson's).

When he appeared before that parliamentary committee and was asked to explain his role in placing false NHS leaflets in hospital waiting rooms giving complete lies about the EU- he could hardly hide his distain and boredom- "so What, we lied" was his general demeanour. And when asked to explain why he believed driving a car with a child in it 160 miles was a suitable way to test his eye-sight!

This present government are the worst we've had ever, probably, chosen for their allegiance to Brexit rather than competence, and their cronyism and corruption is absolutely brazen. 

 

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Eldorado

Downing Street was under mounting pressure on Thursday night over the Greensill scandal after it was reported that a second official in the Cabinet Office had been hired for the firm while working for the civil service.

David Brierwood, a former banker at Morgan Stanley, appears to have joined the firm as a director two months after he joined the department as a crown representative in 2014.

It comes just days after it emerged that Bill Crothers, the former Government’s former chief commercial officer, had also taken on a role advising Greensill two months before he left the civil service in 2015. 

Telegraph report

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Eldorado

The Greensill affair appeared to widen tonight as it emerged that David Cameron lobbied a senior German government official on behalf of the financing group.

The Financial Times reported that the former prime minister made the approach as a German investigation into Greensill Capital’s banking arm was accelerating.

UK Independent

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Eldorado

The Tory peer who chairs NHS England is facing demands to explain why he helped arrange for Greensill Capital to lobby senior health service bosses, with Labour branding his role “shocking”.

Lord Prior of Brampton is facing questions over a meeting he organised between the now collapsed finance firm’s founder Lex Greensill and the overall boss of the NHS and its chief financial officer.

Guardian report

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Eldorado

David Cameron and Lex Greensill repeatedly lobbied the Bank of England for support for finance company Greensill Capital, messages released by the Bank have revealed.

The Bank today released a series of emails and letters from the former prime minister, some of which showed senior officials at Threadneedle Street agreeing to phone calls with Cameron and Greensill.

UK Independent report at MSN

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Eldorado

David Cameron introduced an old schoolfriend from Eton to a senior government adviser after he was approached about an offer to sell Covid-19 testing kits to the UK government, the Guardian can reveal.

The former prime minister introduced the friend, Hugh Warrender, a former hedge fund manager, to the influential Tory “fixer” Andrew Feldman, who at the time was working as a senior adviser at the Department of Health and Social Care (DHSC).

Guardian report

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