David Cameron harshly criticized after admitting links to father’s offshore firm Blairmore Holdings

British Prime Minister David Cameron was accused of hypocrisy after he admitted he owned offshore stake in an investment fund opened by his father Ian six years ago.

The prime minister gave up the “strong pressure” and provided some details about the Blairmore Holdings, after the company’s name was mentioned in the Panama Papers report that appeared last Sunday.

Before the Panama revelations surfaced, Mr. Cameron had claimed that he and his family do not have offshore accounts and will not own one in the future. The offshore scandal hit Cameron in a difficult time as he struggled to make Great Britain remain in the European Union.
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“I and my wife Samantha have a joint account. We had 5,000 stakes in the investment fund Blairmore Holdings, which we sold in 2010, a few months before I became prime minister. The stakes were worth some $42,000,” said Cameron.

Criticism of Cameron grew exponentially on social media, where websurfers recall now a 2014 message by British finance minister George Osborne who said that “tax evasion is not only illegal and immoral, but people who do this should be treated like common thieves.”