The Government has opened an independently-run probe into former prime minister David Cameron’s lobbying activities for financier Lex Greensil.
Calls have been made for an inquiry after allegations surfaced that the Australian banker was given privileged access to Whitehall departments.
Further details on the investigation are expected to be revealed later today.
While Cameron was prime minister from 2010 to 2016, Mr Greensil was brought in as an adviser to the government.
After leaving office, Cameron in turn became an adviser to the financier’s now-insolvent finance firm.
Cameron contacted ministers directly to lobby on behalf of Greensill Capital, according to both the Sunday Times and Financial Times.
This included arranging a private drink between Greensill and Health Secretary Matt Hancock to discuss a payment scheme later rolled out in the NHS.
He was also said to have sent texts to Chancellor Rishi Sunak and pressed for him to reconsider after Greensill Capital was turned down for an emergency coronavirus loan.
The Treasury was said to have reconsidered Mr Greensill’s application after the former PM messaged a senior adviser to Boris Johnson.
In an email on April 3 last year, he said: ‘What we need is for Rishi to have a good look at this and ask officials to find a way of making it work.’
Cameron broke his silence on Sunday night, insisting that be broke no codes of conduct and no government rules.
Ultimately the outcome of the discussions on Greensill’s proposals regarding a loan were not taken up, he said, and therefore his interventions did not lead to a change in the government’s approach.
He added: ‘However, I have reflected on this at length. There are important lessons to be learnt.
‘As a former Prime Minister, I accept that communications with government need to be done through only the most formal of channels, so there can be no room for misinterpretation.’
More to follow.
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