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Cameron lobbied Treasury and Financial institution of England chiefs for Greensill


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avid Cameron personally lobbied the highest civil servant on the Treasury and the deputy governor of the Financial institution of England on behalf of the failed finance agency Greensill Capital, it has been disclosed.

Sir Tom Scholar, the everlasting secretary on the Treasury, revealed that the previous prime minister had referred to as him on his cell phone in addition to sending a collection of texts.

Individually, the Financial institution disclosed that Mr Cameron had arrange a name between the agency’s founder, Australian financier Lex Greensill and deputy governor Sir Jon Cunliffe.

It launched a collection of emails displaying how he tried to enlist Sir Jon’s assist when the Treasury rejected Greensill’s software to affix one of many Authorities’s Covid help schemes.

Financial institution of England deputy governor Sir Jon Cunliffe / PA Archive

The newest disclosures come after Boris Johnson earlier this month commissioned the senior lawyer Nigel Boardman to research after it emerged Mr Cameron had lobbied Chancellor Rishi Sunak and different ministers on the agency’s behalf.

Giving proof to the Commons Public Accounts Committee Sir Tom mentioned he had been contacted by Mr Cameron in early April final yr over a proposal Greensill had made to affix the Authorities’s Covid Company Financing Facility (CCFF).

He mentioned Mr Cameron had his official cell quantity as a result of he used to work for him when he was nonetheless in workplace.

“If a former minister that I’ve labored with asks to speak to me, I’ll all the time do this,” he mentioned.

Might I ask you to do a one to at least one with Lex Greensill in order that he can temporary you on the place we have now bought to?

“The decision I took from Mr Cameron was not a substantive dialogue of the proposal. It was merely a name to attract it to my consideration. I mentioned ‘Thanks very a lot, that is one thing we’re ’.”

Sir Tom mentioned that the proposal had been rejected by Treasury officers because it didn’t meet the standards for the scheme.

Nonetheless paperwork launched by the Financial institution below the Freedom of Info Act present that Mr Cameron was reluctant to take no for a solution.



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