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The Panama Papers

We found David I'mvery relaxed about, publishing these things. There's no secretsabout my...

[background chatter] WOMAN 4: We found David
Cameron's dad in the data with his offshore fund. DAVID: I'm
very relaxed about, publishing these things. There's no secrets
about my status. I am paid handsomely
as your Prime Minister, and that is my
main source of income, and I have a house I used to
live in before I moved into Downing Street, and I rent that
out and I get the income from that. I don't have other
sources of income, so there will be
no surprises, in terms of my tax
affairs, but I'm very relaxed, as I've always said. Nothing's changed. JULIETTE: It wasn't even a
surprise that his dad had had a fund. It's just that he
wouldn't say he had money in it. In order to not have
the fund taxed in the UK, you had to have majority of
foreign directors on the company board, so the third
was Swiss, a third were, were in the Bahamas, and-and
everything was run out of the Bahamas, so they had this army
of people just assign things there, so they
were pretending to, devise the investment
strategy and trade gold and bonds and things like that, but
all the instructions were coming by telephone from London

Full Transcript

00:00:01.000 --> 00:00:03.089
[background chatter]
00:00:03.133 --> 00:00:04.656
WOMAN 4: We found David Cameron's dad in the data with
00:00:04.007 --> 00:00:06.832
his offshore fund.
00:00:08.617 --> 00:00:09.487
DAVID: I'm very relaxed about,
00:00:09.053 --> 00:00:10.575
publishing these things.
00:00:10.619 --> 00:00:13.883
There's no secrets about my status.
00:00:13.926 --> 00:00:17.582
I am paid handsomely as your Prime Minister,
00:00:17.626 --> 00:00:19.671
and that is my main source of income,
00:00:19.715 --> 00:00:22.805
and I have a house I used to live in before I moved into
00:00:22.848 --> 00:00:25.416
Downing Street, and I rent that out and I get the income
00:00:25.459 --> 00:00:26.547
from that.
00:00:26.591 --> 00:00:27.679
I don't have other sources of income,
00:00:27.723 --> 00:00:29.246
so there will be no surprises,
00:00:29.289 --> 00:00:31.683
in terms of my tax affairs, but I'm very relaxed,
00:00:31.727 --> 00:00:32.423
as I've always said.
00:00:32.466 --> 00:00:33.099
Nothing's changed.
00:00:34.904 --> 00:00:35.513
JULIETTE: It wasn't even a surprise that his dad had had
00:00:35.556 --> 00:00:36.862
a fund.
00:00:36.906 --> 00:00:38.069
It's just that he wouldn't say he had money in it.
00:00:38.734 --> 00:00:41.214
In order to not have the fund taxed in the UK,
00:00:41.258 --> 00:00:43.216
you had to have majority of foreign directors on the company
00:00:43.026 --> 00:00:45.262
board, so the third was Swiss, a third were,
00:00:45.305 --> 00:00:47.394
were in the Bahamas, and-and everything was run out of the
00:00:47.438 --> 00:00:49.919
Bahamas, so they had this army of people just assign things
00:00:49.962 --> 00:00:52.002
there, so they were pretending to,
00:00:52.999 --> 00:00:55.402
devise the investment strategy and trade gold and
00:00:55.446 --> 00:00:57.927
bonds and things like that, but all the instructions were coming
00:00:57.097 --> 00:00:59.885
by telephone from London.
Duration
60 seconds
Views
31
Timestamp in Movie
00:46:52
Uploaded
Jun 24, 2025
Genres
Production
Field of Vision,Bungalow Media + Entertainment,Great Point Media

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Movie Summary

A documentary feature film about the biggest global corruption scandal in history, and the hundreds of journalists who risked their lives to break the story.