The appointment of David Cameron to a key government position has sparked controversy due to his connection with the Greensill Capital financial scandal.

Cameron, the former UK Prime Minister, was revealed two years ago to have earned approximately $10 million while promoting Greensill Capital, a company that collapsed in March 2021, leading to billions of dollars of missing investors’ money.

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The scandal involved Cameron’s close association with Greensill Capital’s founder, Lex Greensill, who had an office in Downing Street during Cameron’s premiership.

Criminal investigations into alleged fraud are underway in Germany and Switzerland, where Lex Greensill is named as a suspect.

The collapse of Greensill Capital had far-reaching consequences, contributing to the downfall of Credit Suisse and resulting in the loss of over $2 billion that is yet to be recovered by administrators.

Greensill Capital, which presented itself as a high-tech lender of supply chain finance, made loans exceeding $10 billion using funds from Credit Suisse customers.

Many of these loans were extended to companies that later proved unable to repay.

Moreover, the Greensill scandal is entangled with the GFG Alliance, controlled by steel magnate Sanjeev Gupta. Greensill Capital lent around $5 billion to GFG Alliance, which is currently under investigation by the Serious Fraud Office.

The investigation is focused on the relationship between GFG Alliance and Greensill Capital.

David Cameron’s intensive lobbying in 2020 to allow Greensill to lend under emergency Covid loan schemes has further raised concerns about his involvement in the scandal.

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Despite ongoing lawsuits and criminal investigations, Cameron has now been appointed to a top government role, a decision criticized by many who argue that such an appointment is inappropriate given the unresolved issues surrounding Greensill Capital.

Critics, including the author of “Pyramid of Lies,” Duncan Mavin, find it astonishing that Cameron has been appointed while legal processes are still underway.