The father of British David Cameron moved an off-shore company from Panama to Ireland in 2010, the same year his son came to power in the UK.

The father of British David Cameron moved an off-shore company from Panama to Ireland in 2010, the same year his son came to power in the UK.

Company set up by David Cameron's late father moved to Ireland in 2010 - the year he became British PM

According to the so-called Panama papers, a huge trove of confidential documents leaked from Panamanian law firm Mossack Fonseca, Ian Cameron’s firm Blairmore Holdings Inc was moved to Ireland in 2010 - the year David Cameron became Prime Minister.

The company - which is still operating with assets of £35m - had previously been based on Panama and was a client of the firms at the centre of the leak.

According to the Telegraph newspaper, senior sources insisted that the Cameron family - including his wife Samantha and their children - had no funds held offshore.

But by answering the question in the present tense, Downing Street failed to kill off speculation that the family had benefited in the past, or might get money in future, from off-shore firms.

The late Ian Cameron, who died in 2010, established Blairmore in Panama in 1981 and moved it Dublin in 2010, where it has paid Irish corporation tax.

Online Editors