David Cameron netted £7.5MILLION from Greensill Capital before firm collapsed, papers reveal

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EMBATTLED David Cameron netted an eye-watering £7.5MILLION from Greensill Capital before it collapsed, bombshell documents revealed tonight.

The ex-Tory PM has always refused to say how much he pocketed from his two and a half-year stint as a part-time adviser to the doomed financial firm.

David Cameron netted an eye-watering £7.5million from Greensill Capital

But unearthed papers show he enjoyed a bumper £3.29million payday after cashing in on shares in 2019.

He also raked in a £720,000 annual salary and a £504,000 bonus, according to BBC Panorama which obtained the documents.

It means the former premier earned £7.5million pre-tax for his work. Mr Cameron’s spokesman last night did not dispute the figure but said his pay was a private matter.

He insisted Mr Cameron had “acted in good faith at all times and there was no wrongdoing”.

Labour chair of the powerful Commons business committee Darren Jones branded the revelations the latest insult.

He fumed: “This sorry saga of a former Prime Minister, a failed financial firm and an opaque steel business nearly gone bust continues – with taxpayers on the hook at the end of it all.”

LOBBYING BLITZ

Greensill – which provided loans to steel magnate Sanjeev Gupta’s company – cratered in March after a furious lobbying effort for Covid cash by Mr Cameron fell flat. 

The former premier bombarded ministers including Rishi Sunak and senior officials with 56 texts begging for Government bailout loans.

During a Commons grilling in May Mr Cameron bragged he made “far more” cash at Greensill than he did in No10 but refused to cough an exact figure.

MPs cleared the ex-PM of wrongdoing but rapped his knuckles for showing “a significant lack of judgement” for lobbying ministers directly.

He also faced questions for bringing Australian financier Lex Greensill into the heart of Government as an adviser with a desk in Downing Street.

Senior civil servant Sir Bill Crothers was also found to have parachuted into a plum Greensill job after leaving Whitehall.

Since resigning as PM in July 2016 Mr Cameron, 54, has splashed out on a £25,000 luxury shed for his Cotswolds home where he wrote his memoirs.

He also does work with the Alzheimers Society and National Citizenship Service.

Labour’s deputy leader Angela Rayner said last night: “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.”