British Prime Minister David Cameron is facing a sleaze investigation after being forced to admit that he had a £30,000 stake in his late father's offshore.
British Prime Minister David Cameron is facing a sleaze investigation after being forced to admit that he had a £30,000 stake in his late father's offshore.
According to Daily Mail, after days of failing to kill off questions, Cameron dramatically confessed last night that he had profited from the Bahamas-based company.
The PM conceded that some of the £300,000 left to him by Ian Cameron may have come from funds kept offshore.
David Cameron said the firm, Blairmore Holdings, had not been set up to avoid tax. However, BBC informs that labour leader Jeremy Corbyn said the PM had "misled the public" and "lost the trust of the British people".
Time writer Cameron has said he will release his tax returns next week — four years after first promising to do so — and the British media will ensure that he keeps his word.
