David Cameron sent multiple texts to Rishi Sunak lobbying him to grant hundreds of millions of pounds in loans to a controversial company that later went bust.
In April last year the former prime minister sent several text messages to Sunak’s private phone urging him to lend to Lex Greensill’s eponymous finance firm. Most went unanswered.
At the time Cameron was an adviser to Greensill and had share options potentially worth up to tens of millions.
Cameron, 54, tried to secure loans for the company from the government’s Covid Corporate Financing Facility (CCFF), a pandemic fund for big, blue chip firms to borrow at low rates.
Greensill, an Australian-born financier based in Cheshire, had already held unsuccessful talks with officials about a taxpayer-funded bailout.
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2021-03-20 18:00:00Z
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