David Cameron and/or his direct family has now been linked to a total of SIX offshore funds used for tax avoidance purposes: two in Jersey (1979 & 1996), one in the Cayman Islands (2000), one in the Bahamas (2000), one in Panama (1982) and one in Geneva (2007), as documented in the Panama Papers.
Upon the (unexpected) publication of his tax returns yesterday, covering his time as PM, Cameron has landed himself right in the middle of another scandal. It appears his mother “gifted” him £200,000 (in two tax-exempt lumps) the year of his father’s death, meaning he dodged up to £80,000 in inheritance tax.
Add to this the fact that the offshore funds he was benefitting from were never entered in the Parliamentary Register of Members’ Financial Interests and you’ve got one hell of a political scandal.
Not declaring financial interests of this kind – especially when directly involved with reforming tax law that would positively effect your own offshore tax arrangements, resulting in financial gain – is a gigantic breach of Parliamentary Standards and a resigning issue in and of itself.
The revelation that, as recently as 2013, David Cameron personally intervened to prevent the UK being pulled into an EU-wide crackdown on offshore tax havens – the kind his family has been using for decades, so a clear conflict of interest, again undeclared – seems to be passing people by, but is absolutely and unforgivably true.
Take this breach of Parliamentary Standards and Cameron’s week of contradictory statements aimed at keeping the public from knowing about his tax dodging ways, and I’d say it’s more than reasonable for us to request his immediate resignation.
That he can stand in front of us and say he’s going to chair an international committee in the near future, in a push to clamp down on the very tax avoidance schemes he’s benefitted from, shows just how brazen this crooked chancer is. He thinks he’s untouchable, and he may indeed be.
Cameron has proven himself to be a liar and a hypocrite; he simply can’t be trusted any longer. If he doesn’t go of his own accord, we should ALL take to the streets and DEMAND it. Otherwise a dangerous precedent will have been set wherein immoral yet powerful people are entirely unaccountable to the people they serve.
David Cameron MUST go. He must do the honourable thing (for once) and resign as Prime Minister. His position is now untenable.