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Cameron Admits to Having Sold Offshore Fund Share

© REUTERS / Neil HallBritain's Prime Minister David Cameron poses for a photograph during a family holiday in Playa Blanca, Lanzarote March 25, 2016
Britain's Prime Minister David Cameron poses for a photograph during a family holiday in Playa Blanca, Lanzarote March 25, 2016 - Sputnik International
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UK Prime Minister David Cameron admitted on Thursday he had sold his share in his late father's offshore investment fund Blairmore Holdings after media publications that allegedly disclosed offshore schemes used by a number of world leaders and public figures.

UK PM David Cameron - Sputnik International
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LONDON (Sputnik) — According to the information published by Germany’s Sueddeutsche Zeitung, Ian Cameron was a director of the offshore investment fund Blairmore Holdings, run from the Bahamas. The newspaper obtained the alleged documents in a Panama firm Mossack Fonseca data leak.

"I did own stocks and shares in the past. I sold them all in 2010, because if I was going to become Prime Minister, I didn’t want anyone to say you’ve got other agendas or vested interests or all the rest of it," Cameron told ITV News in an interview.

The prime minister noted he and his wife had sold Blairmore Holdings stocks worth about 30,000 pounds (over $42,000 at the current exchange rates).

On Tuesday, Cameron refuted claims that he received offshore income.

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