Cameron rejects plea for Arch cru inquiry

The Prime Minister David Cameron has rejected calls from an MP for an independent inquiry into the Arch cru investment funds scandal.

Labour's Tom Greatrex suggested an inquiry during Prime Minister's Question Time in November, and David Cameron had promised to look into what could be done to help investors. However, in a letter sent to the MP recently, he ruled out an independent inquiry into the scandal and the key organisations involved. He wrote the government had "yet to be persuaded" that this would be appropriate, the Mail on Sunday reported. He did acknowledge "real difficulties" 20,000 Arch cru investors are facing and added he was sorry to learn of the losses they had suffered. Despite the news, Grea...