Cameron urged to answer fresh Greensill questions

DAVID CAMERON has “very serious” questions to answer over whether he knew Greensill was “moving money around” to plug the faltering business while seeking public funds, a senior MP has said, following fresh allegations about the former prime minister.

BBC’S Panorama reported that Mr Cameron had pocketed about $10million (£7.2million) for working as a parttime adviser to the finance company for two and a half years.

His spokesman hit out at the allegations, saying: “David Cameron did not receive anything like the figures quoted by Panorama.” However he did not put a figure on the sum received.

Yesterday, Darren Jones, a Labour MP and chairman of the business, energy and industrial strategy committee, said the documentary had raised fresh questions about what Mr Cameron knew when he was seeking access to public funds.

“There is a question of whether he knew that Greensill Capital was having to move money around to cover up businesses that were in essence bankrupt while he cashed out his shares and, at the same time, was lobbying his friends in Whitehall and officials to get public-backed funds to shore up a failing business – and therefore a huge commercial interest for him,” Mr Jones told BBC Radio 4’s Today programme.

The second issue was questions over “fake invoices ... in respect of another company”, which would be “clearly a criminal offence”, he said.

The Bristol North West MP, whose committee is running an inquiry into the affair, added: “It seems to me that DC didn’t have any position with any accountability attached to it, but he seemed to be in the boardroom, he seems to have been on Lex Greensill’s private jet, and if he was in the room, and on the private jet, the question is how much did he know about how much the business was in trouble while asking for public funds to shore it up.

“That is a very serious question that Mr Cameron needs to answer fully.”

He added: “Ultimately I hope the taxpayer guarantee is lifted because Greensill Capital, and Lex Greensill in particular, should be on the hook, not the British taxpayer.”