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BoE says no changes made to CCFF scheme after Greensill contacts

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BoE says no changes made to CCFF scheme after Greensill contacts

LONDON (Reuters) – The Bank of England published details of communications between former prime minister David Cameron and officials at the central bank relating to failed finance firm Greensill Capital which Cameron served as an adviser.

Cameron had contacts with the BoE in March and April of last year and secured calls with Greensill founder Lex Greensill and the central bank, but the BoE said the firm was ineligible for the Covid Corporate Financing Facility.

The BoE and the Treasury also later spoke to Greensill about possible changes to the CCFF.

"No changes were made to the CCFF scheme as a consequence of this exercise," the BoE said.

 

(Writing by William Schomberg, editing by Andy Bruce)

 

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