“Dodgy Dave” appears to be off the hook.
According to new reporting on Thursday, British Prime Minister David Cameron will not face an inquiry by the parliamentary watchdog over controversy surrounding his benefiting from an offshore fund.
The Guardian and Press Association report that the Parliamentary Commissioner for Standards, Kathryn Hudson, said she would not probe the matter. She did not explain why.
Cameron, who was dubbed Dodgy Dave last week by Labour MP Dennis Skinner, was among the global elite linked to revelations in the Panama Papers.
The trove of documents showed that his late father had set up a Panama- and Bahamas-based fund, Blairmore. Cameron was forced to admit, after “days of stalling and four partial statements” in the wake of the release of the papers, as the Guardian reports, that he made a £19,000 (over $27,000) profit from selling his shares in the offshore fund in early 2010, just months ahead of taking office. He dismissed claims that he was a tax dodger.
He said that selling them was “the simplest and clearest way” he could show he had no conflict of interest.
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