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LONDON – David Cameron has admitted to profiting from his father’s offshore holdings in Panama based Mossack Fonseca. He, and his wife Samantha invested Β£12,497 in 1997 and made Β£31, 500 from the sale of the shares in Blairmore Holdings in January 2010. Cameron’s late father Ian, a wealthy stockbroker put money into Blairmore Holdings and did not pay tax.

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