It seems that after ensuring that a financial services firm he had welcomed into Whitehall could continue lobbying the government, David Cameron did his best to profit from it.
That is the heart of the Greensill scandal, although some of the reporting of it seems vague on the subject.
Cameron ensured that his Transparency of Lobbying, Non-Party Campaigning and Trade Union Administration Act would not stop firms like Greensill from persuading government ministers to give them money.
Then, after he left Parliament, he took a job with Greensill – and lobbied his former colleagues on Greensill’s behalf.
Now it has emerged that he stood to benefit from a £21.8 million employee benefit trust, and the implication is that this is the reason he lobbied hard for the firm during the Covid-19 crisis, when it was about to go bust.
Now that the firm has been dissolved, of course, his shares are worth nothing.
“Good thing too,” you might say. “He’s had his comeuppance and there’s the end of the matter!”
You see, it stinks of corruption.
We have not just a former minister but a former prime minister who paved the way for his future employers to have access to government funding, then took a job at that company in order to enjoy the profits from that arrangement.
He also lobbied the government on behalf of that company – using loopholes he had made in the law while he had been prime minister – in order to safeguard his own future income.
We have no reason to believe that Greensill was a suitable firm to receive government investment. Indeed, the government’s reluctance to award contracts to the firm, and withdrawal of permission for it to access Covid-related financial aid schemes, suggests strongly that it was not.
The social media are abuzz with this – with much of the gossip focusing on a suggestion that Cameron relied on the “old boy network” to have his way – going to former Eton schoolmate Boris Johnson (the current PM) for help:
This is a sacking offence for both Sunak and Hancock, the problem is the PM is also up to his neck in a cash scandal of his own with Acuri… They need removing, even if it’s just to install another Tory government that entire system/cabinet need removing
— Shane Levitt (@ShaneLevitt11) April 10, 2021
This supports the claim that the Tories are sinking in their own corruption. Everybody in the UK needs to know about this, so they can make an educated choice on whether they want continued Tory rule.
I recall Sir John Major, educated Rutlish grammar, Wimbledon, saying when he left No 10 he got a lot of highly remunerative job offers he felt it would be inappropriate for a former PM to consider. If only @David_Cameron, educated Eton, had such class.
— Tim Walker (@ThatTimWalker) April 11, 2021
To be clear, this scandal is not just about Cameron.
It's about a medieval system where privileges, perks & contracts are handed to pals with impunity.
The Old Eton Cartel hoards wealth and power – blaming foreigners and the poor when their system failshttps://t.co/faRLyFPs07
— Sam Bright (@WritesBright) April 11, 2021
2010 – Cameron predicted that “the far-too-cosy relationship between politics and money” was “the next big scandal waiting to happen”. He was right and he is part of it.
2019- 2021 – Cameron I am going to lobby for Greensill, I want to make myself £21m richer.
— Raven Cozens-Hardy (@RaveCozensHardy) April 11, 2021
Remember: the rest of us were struggling to cope with Cameron-imposed austerity while he was (allegedly) planning to rake in the millions with this now-collapsed company.
And while Matt Hancock, Rishi Sunak and Boris Johnson are all now enmired in the Greensill allegations alongside Cameron – and Johnson in corruption allegations of his own connected to Jennifer Arcuri, we are still struggling to cope with austerity.
The sheer self-serving greed of these Tories is a blight on every citizen of the United Kingdom.
Have YOU donated to my crowdfunding appeal, raising funds to fight false libel claims by TV celebrities who should know better? These court cases cost a lot of money so every penny will help ensure that wealth doesn’t beat justice.
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