
© Dan Kitwood / ReutersBritain's Prime Minister David Cameron addresses students at Exeter University in Exeter, Britain April 7, 2016.
UK Prime Minister David Cameron has admitted that he has benefited from shares in an offshore trust set up by his father, Ian, which was revealed in the Panama Papers leak. Cameron claims to have sold the shares before taking office in 2010, however.
"We owned 5,000 units in Blairmore Investment Trust, which we sold in January 2010. That was worth something like £30,000 (about $42,000)," he told the UK's ITV news, admitting that these have been "a difficult few days."
Cameron says that, between 1997 and 2010, he and his wife, Samantha Cameron, owned shares in Blairmore Investment Trust, a multimillion-pound offshore trust fund established by his late father, Ian Cameron. "I sold them all in 2010 because I was going to become prime minister," he said. "I didn't want anyone to say you've got other agendas, other interests, all the rest of it." Cameron said he sold the shares months before taking up residence at 10 Downing Street in January of 2010 and paid income tax on the dividends from the units. The family's offshore firm also was moved to Ireland that year.
Comment: Even among the elites there are hierarchies. The US PTB appear to have ramped up the fear factor for "world leaders" to remind them who's really the boss. They now know that any and all possible pressure will be used to keep everyone in line.