<p>British Prime Minister David Cameron admitted today he had held a 30,000-pound stake in an offshore fund set up by his father, after days of pressure following publication of the so-called Panama Papers.<br /><br /></p>.<p>Cameron said he sold the stake in the Bahamas-based trust in 2010, four months before he became prime minister, in an interview with television channel ITV.<br /><br />Downing Street have issued four statements on the affair this week following Sunday's publication of the leaked Panama Papers, which showed how Panama-based law firm Mossack Fonseca had helped firms and wealthy individuals set up offshore companies.<br /><br />"We owned 5,000 units in Blairmore Investment Trust, which we sold in January 2010. That was worth something like 30,000 pounds (37,000 euros, USD 42,000)," Cameron said.<br />"I sold them all in 2010, because if I was going to become prime minister I didn't want anyone to say you have other agendas, vested interests."</p>
<p>British Prime Minister David Cameron admitted today he had held a 30,000-pound stake in an offshore fund set up by his father, after days of pressure following publication of the so-called Panama Papers.<br /><br /></p>.<p>Cameron said he sold the stake in the Bahamas-based trust in 2010, four months before he became prime minister, in an interview with television channel ITV.<br /><br />Downing Street have issued four statements on the affair this week following Sunday's publication of the leaked Panama Papers, which showed how Panama-based law firm Mossack Fonseca had helped firms and wealthy individuals set up offshore companies.<br /><br />"We owned 5,000 units in Blairmore Investment Trust, which we sold in January 2010. That was worth something like 30,000 pounds (37,000 euros, USD 42,000)," Cameron said.<br />"I sold them all in 2010, because if I was going to become prime minister I didn't want anyone to say you have other agendas, vested interests."</p>