Cameron faces an investigation into his connection to Greensil at the heart of the government

Former UK Prime Minister David Cameron is facing oversight over influential criteria regarding his links to Lex Greensil, along with the Australian financier whose naming company collapsed this month.

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

The media investigation revealed how Greensil was given an outstanding but influential role in government years before hiring Cameron as an adviser and using it in the lobby of senior ministers at the start of the epidemic.

On Monday, Sir Alistair Graham, the former chairman of the Standards Committee, called for a “full investigation”, describing the allegations as a “true scandal”.

The Labor Party has written to the committee urging it to look into how Greensil, a former colleague of Morgan Stanley and a friend of former cabinet secretary Jeremy Haywood, was. Given a desk and a pass inside the cabinet office A decade ago

His role as an advisor on supply chain financing, which was never announced, he was Access to at least 11 government departments, Before giving him a formal role as “Crown Commissioner” in 2014.

In 2012, Cameron signed a scheme for NHS-linked pharmacies, although an official report itself rejected Greensil’s offer. Greensil Capital took over the management of the scheme in 2018.

The committee was also asked to see how Cameron, who was hired by Greensyl in 2018, went Lobby is a senior figure in the veteran government The company, including Chancellor Ishii Sunak, to improve projects on the Covid-19 scheme, including the Bank of England’s CCFF scheme.

Although the lobbying eventually failed, Greensil held 10 meetings with Treasury officials in the spring of 2020 and secured loans through the Coronavirus Large Business Barrier Loan Project.

The FT first revealed on March 3 that there are options for Cameron shares in Greensil worth can be worth 70m If the company had floated.

Shadow Chancellor Anneliese Dodds and Rachel Reeves, secretary of the shadowy cabinet office, wrote to the committee Monday that Greensyl’s Cameron connections should be examined and that the lobbying registrar set up by the former leader’s government in 2014 was appropriate.

Reeves said the stories about Greensil were “extremely disturbing” and part of the “growing catalog of cronyism allegations” by the Tory government.

“Taxpayers knew the exact amount of government access granted to Greensil Capital through the former Conservative prime minister,” he said.

The Lobby Register Cameron tested lobbying for Greensil last week, but concluded the job fell outside his remittance because he was an internal lobbyist rather than a third-party agent.

The Standards Committee has no remit to investigate specific allegations against certain individuals. However, internal officials told the FT that workers’ complaints would be included in the committee’s review of public life standards, dubbed “Standards Matter 2”, due to be reported in the fall.

“The committee is at the evidence stage of its investigation so that Labor can submit it and we rely on the evidence so we welcome hearings from them,” said a person close to the organization.

Despite the fact that individuals do not have the power to approve, the committee influences the government: in the past its recommendations have created bodies of various standards, such as “ministerial interest advisers” and the Electoral Commission.

The Standards Committee – chaired by Jonathan Evans, former head of MI5 and whose members include former Labor Foreign Secretary Margaret Beckett and former Tory Culture Secretary Jeremy Wright – declined to comment Monday.

The committee accepted the evidence last week Eric Pickles, Chairman of the Business Appointments Advisory Committee, who called for a “review of the lobbying” in light of the information published about Cameron.

Pickles, who is in the Tory cabinet in Cameroon’s government, said at a committee hearing last week that lobbying should be “transparent and open”.

“Prime ministers and former prime ministers are powerful people,” he said. “It’s important that the system is resistant to strong people.”

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *