Cameron admits to stake in offshore trust

British Prime Minister David Cameron has admitted he did have a stake in an offshore trust set up by his late father. The revelation, made to the UK's ITV News, follows his father's name appearing in the Panama Papers leak of financial data from a Panamian law firm. Mr Cameron says he sold all investments in 2010 - the year he became Prime Minister - and that the fund was not used to avoid tax.

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