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Cameron Should Face Inquiry Amid Tax-Dodging Scandal – Labour Leader

© REUTERS / Neil HallBritain's Prime Minister David Cameron
Britain's Prime Minister David Cameron - Sputnik International
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Prime Minister David Cameron should be questioned over potential tax evasion by the Standards and Privileges Committee, a parliamentary sleaze watchdog, British Labour Party leader Jeremy Corbyn said Sunday.

MOSCOW (Sputnik) – Saturday’s release of the information by Downing Street revealed that Cameron had been given a 200,000-pound ($282,500) gift by his mother after his father’s death, possibly avoiding inheritance tax.

"We need to know what he's actually returned as a tax return. We need to know why he put this money overseas in the first place, and whether he made anything out of it or not before 2010 when he became prime minister. These are questions that he must answer," Corbyn told the BBC's Andrew Marr Show.

Other documents published by the UK prime minister’s office showed that Cameron paid over 400,000 British pounds in tax on an income of nearly a million of pounds from 2009 to 2015.

British Prime Minister David Cameron turns to leave after making a statement to the media outside 10 Downing Street in London on February 20 , 2016. - Sputnik International
Protesters in London Demand Cameron's Resignation Over Offshore Tax Scheme
According to the information published by Germany’s Sueddeutsche Zeitung a week ago, the prime minister's father, Ian Cameron, was a director of the offshore investment fund Blairmore Holdings, run from the Bahamas. The newspaper claimed its report was based on the materials leaked from Mossack Fonseca, a Panama firm selling offshore companies.

Cameron's first reaction was to deny owning any shares, dismissing it as a private matter. The UK prime minister later admitted, however, he had sold his share in the company worth some $42,000 five months before assuming office.

The revelations come amid a leak of the trove of over 11.5 million files about alleged tax havens schemes involving a number of former and current world leaders and other prominent individuals.

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