LONDON: British Prime Minister David Cameron admitted Saturday he had mishandled the controversy over his shares in his father’s offshore business interests, which were flushed out by the “Panama Papers” revelations.
Cameron said he would publish his tax returns and shouldered the blame for the row over his financial affairs.
Cameron and his Downing Street office issued four comments regarding the Panama Papers before the premier on Thursday finally admitted he had held shares in his late father’s Bahamas-based offshore investment fund.
“It has not been a great week. I know that I should have handled this better, I could have handled this better,” he told his Conservative Party’s spring forum in London.
“I know there are lessons to learn and I will learn them.
“Don’t blame Number 10 Downing Street or nameless advisers; blame me.”
On Thursday, Cameron admitted he and his wife had held a stake in his father’s Blairmore Holdings scheme. They bought the stake for #12,497 in 1997 and sold it for #31,500, four months before he became prime minister in 2010.
