Britain’s Tory party is facing rising pressure following recent splits in party policy regarding the EU and the economy. Now, the Panama Papers have shaken the party in government completely.
British Prime Minister David Cameron is having to defend himself over one of Britain’s most detested accusations: tax evasion. But the Panama Papers are not just about tax. They are not even about just money. What the Panama Papers really depict is the corruption of Britain’s democracy. Cameron has rejected “deeply hurtful and profoundly untrue” allegations against him and his father over tax evasion.
The row over the so-called Panama Papers, which have implicated many high-profile figures including heads of state around the world, is also expected to badly distort the image of Cameron as a leading figure in the international fight against corruption. Cameron is to chair a major global event on the issue in London in May. During the hearing, the British premiere again defended efforts made in his government to counter tax evasion, repeating a previous statement in which he claimed that his administration “has done more than any other to take action against corruption in all its forms, but we will go further.”