Tuesday 13 April 2021 / 1:00 PM Rachel Reeves

Labour to force binding vote establishing “full, transparent” parliamentary inquiry into Greensill scandal

Labour will force a vote in the House of Commons tomorrow to establish a full, transparent, Parliament-run inquiry into the Greensill scandal, with Rachel Revees MP saying that the Government cannot be allowed to simply “mark its own homework”.

Labour will table a binding motion that would establish a new select committee to investigate the Greensill lobbying scandal, which would have the power to ask witnesses to give evidence and face questioning.

The remit of the select committee would include:

• that those caught up in the Greensill scandal – including Rishi Sunak, Matt Hancock and former Prime Minister David Cameron – should come before Parliament to provide full transparency and publish key evidence.
• the inquiry provides taxpayers with an explanation of how and why Lex Greensill and Greensill Capital were given such huge access to the heart of government
• the Government make public all communications relating to Greensill Capital between David Cameron, the Chancellor of the Exchequer, the Health Secretary, the Prime Minister, Special Advisors and senior staff
• the inquiry be Parliament-run, with cross-party representation on the board
• the person leading the inquiry should have the support of the House of Commons.

Labour has said the Boardman investigation announced by the Government on has “all the hallmarks of a Conservative cover up”, likening it to other investigations – such as the Priti Patel bullying case and the Russia Report – that have been held behind closed doors and resulted in little or no action.

Revelations around the Greensill scandal have escalated week on week since the company collapsed in March, leaving thousands of jobs at risk. Greensill Capital was the only supply chain firm granted access to the Government’s CLBILS Covid loan scheme, putting hundreds of millions of pounds of taxpayer money at risk.

Last week, Labour also called for the Government to use the upcoming Queen’s Speech to legislate for the expansion of the scope of the lobbying register to include in-house lobbyists – a move that could have detected the nature of Cameron’s lobbying activities for Greensill sooner.

Rachel Reeves MP, Labour’s Shadow Chancellor of the Duchy of Lancaster, said:

“Any Conservative who wants to stop the cronyism rampant in their party and in government must vote with Labour this week to uncover once and for all the truth behind this scandal.

“The Greensill scandal is just the tip of the iceberg in Conservative cronyism which has been endemic during the pandemic and long before – laced through billions of pounds of contracts paid for by taxpayers and a slew of troubling senior appointments.

“The Conservatives cannot be trusted to mark their own homework on this. The Boardman investigation has all the hallmarks of a Conservative cover up – the British public, especially those with their jobs on the line as a result of Greensill’s collapse, deserve answers.”