Mr Cameron says Greensill was not asking for direct government support or "some form of bailout".
Cameron says he had 'big economic investment' in Greensill - but won't say how much
The former prime minister has just confirmed he was a regular attendee at Greensill’s board meetings, but that he was not a director. If he had attended things like the risk and credit committees the question of whether he was a 'shadow director' may have come into play.
A 'shadow director' is someone carrying out the role of a director, or who is perceived to be a director by third parties, even if they don’t formally have the title. During insolvency procedures, directors and shadow directors are considered to have the same duties and obligations, and can face the same potential sanctions.
Conservative MP Harriet Baldwin asks about Mr Cameron's relationship with the Treasury's top civil servant Tom Scholar. Asked why he signed off one of his text messages to Mr Scholar as "love DC", Mr Cameron responds: "I tend to sign off text messages with 'love DC'."
Mr Cameron is asked about the 'persistence' of his texts and emails. Mr Cameron says he was "persistent" because fintech is "not so well understood" and that he was "very enthusiatic" about the Greensill scheme.
Labour's Siobhain McDonagh repeats Mr Cameron's former words back to him, when he used a 2010 speech to refer to lobbying as "the next big scandal waiting to happen". Mr Cameron is asked if he understands the "irony" of his previous words, in relation to the Greensill scandal.
Labour's Emma Hardy asks Mr Cameron if he believes 56 attempts of lobbying during a pandemic and using Treasury ministers' and officials time was a useful use of their time.
Labour's Angela Eagle tells Mr Cameron his messages to ministers and officials were "more like stalking than lobbying" and asks if Mr Cameron ever referred to himself as a "director" on behalf of Greensill. He admits one letter may have stated this, but it was a "mistake".
Cameron again refuses to reveal his Greensill salary but doesn't deny he would have been a multi-millionaire if Greensill had been a success. Asked if he has paid UK tax on his Greensill earnings, Mr Cameron says he has.
Mr Cameron is asked how many times he used one of Greensill's private planes to fly to or from Newquay, close to his third home, and whether he has an estimate of the taxable benefit. He replies: "I haven't got a complete record of the use of planes. I did use it a handful of times on (non-business) visits and, of course, all proper taxes and all those things will be dealt with in the proper way."
Back comes Mr Stride, who says Mr Cameron’s refusal to reveal his Greensill income has been “gnawing away” at him. But Mr Cameron won’t budge. All this is making Mr Cameron look very shifty. His refusal to say how much he was paid, along with the admission that he used the Greensill jet as a taxi to his Cornish holiday home, paints a picture of a corporate fat cat living a millionaire lifestyle.
Mel Stride ends the evidence session.