From the role of David Cameron to the actions of the Treasury and regulator, the need for an investigation is pressing
The Treasury select committee doesn’t want to launch an inquiry into Greensill Capital – at least not yet. That decision is regrettable but the need for an investigation remains pressing. This saga isn’t merely about decisions taken in the fog of a pandemic. It is also about the terms on which politicians and officialdom should engage with business.
First, and most obviously, what was David Cameron up to in his role as adviser to Greensill? No doubt the former prime minister was cleared for the post under standard procedures for vetting ex-ministers’ appointments. So one could be generous and say Cameron was merely naive in taking a position with a finance outfit that failed and blew up his share options.
