UK's Cameron admits he benefitted from father's offshore fund

1 min

London (AFP)

British Prime Minister David Cameron admitted Thursday he had a £30,000 stake in an offshore fund set up by his father, after days of pressure following publication of the so-called Panama Papers.

"We owned 5,000 units in Blairmore Investment Trust, which we sold in January 2010. That was worth something like £30,000 (37,000 euros, $42,000)," Cameron told ITV television.