Independent: “David Cameron made $10 million (£7.2 million) out of Greensill Capital, the now-collapsed bank who he lobbied the government on behalf of, it has been revealed. Documents reported by BBC Panorama show the former Conservative prime minister cashed in $4.5 shares in 2019, was paid a $1 million annual salary as a part time ‘advisor’, and also got a $700,000 bonus. The company left investors and UK taxpayers facing huge losses after collapsing. Mr Cameron hit the headlines in relation to the bank after it emerged he was used his closeness to current cabinet ministers to try and persuade them to underwrite its loans with taxpayer cash.”
“He was unsuccessful in his approaches, though the bank was ultimately given access to another Covid-19 loan facility. The former prime minister has been cleared of breaking any lobbying rules over the affair, but MPs said he showed a ‘significant lack of judgement’. Labour’s deputy leader Angela Rayner said: ‘It is utterly ludicrous that David Cameron walked away with $10m for two-and-a-half years’ part-time work for a company that collapsed, risking thousands of pounds of taxpayers’ money. ‘The fact that David Cameron was cleared of any wrongdoing, proves that the rules that are supposed to regulate lobbying are completely unfit for purpose. It’s created a wild west where the Conservatives think it’s one rule for them and another for everyone else.'”