Well not entirely.
At first sight, it seems a straightforward denial. The Independent reports:
Directly addressing for the first time the revelation that his late father ran an offshore fund that never paid UK tax, Mr Cameron said he personally had “no shares, no offshore trusts, no offshore funds, nothing like that”.
Facing further questions, Downing Street later issued a statement clarifying that neither the Prime Minister, his wife, nor his children benefitted from offshore funds.But then there are qualifications:
The statements, which came after Labour leader Jeremy Corbyn called on ministers to publish their tax returns in the wake of the leaks, will leave Mr Cameron open to further questions on whether he has benefitted from his father’s investments in the past, or stands to in the future.And what about the rest of the cabinet, including George Osborne?