The unprecedented Whitehall probe comes after Mr Cameron admitted he should have acted differently when lobbying the Government for cash to prop up finance firm Greensill Capital.
Lawyer Nigel Boardman will lead the investigation into the now-collapsed firm’s activities in Government and the role its founder Lex Greensill played.
The independent review will look at how Government contracts were secured by Greensill Capital, as well as the actions of ex-prime minister Mr Cameron.
The former Tory leader accepted that he should have communicated “through only the most formal of channels” rather than via text messages to Chancellor Rishi Sunak as he acknowledged missteps over the controversy.
Downing Street said Mr Johnson had called for the probe to be launched into Greensill, which collapsed into administration in March.
Continue reading your story on the app
Continue reading your story in the newspaper
Israel airstrike kills 42
AT least 42 people were killed in Gaza yesterday in the deadliest airstrike of the conflict so far.
ENJOY FREEDOM WITH ‘A HEAVY DOSE OF CAUTION'
As Boris pledges more jabs and ‘swift action’ on Indian variant, he warns...
Help! Shirley's in Cooking With The Stars... but can't even boil an egg
HER spaghetti bolognese has been likened to wallpaper paste and microwave cooking literally left her with egg on her face.
Boy, 2, dies in gas blast
THE parents of a two-year-old boy paid tribute to their “beautiful little angel” yesterday after he was killed in a huge explosion which ripped through terraced houses.
A tree-bilee! Get planting to celebrate Queen's 70th anniversary
JOIN THE GREEN INDUSTRIAL REVOLUTION
TV's Rachel loses latest libel battle against Corbyn backer
COUNTDOWN’S Rachel Riley has lost a round in her libel fight against a political blogger.
Keir cheeses me off, but Boris is a bit spicy says Labour's Angela
LABOUR’S deputy leader Angela Rayner admits she would have been tempted to vote Tory if she was a teenager now.
Former MP ‘told aide he craved her body'
A FORMER Labour MP wanted a sexual relationship with a parliamentary worker despite being married at the time, a tribunal has heard.
Charles ignores questions about Harry's bombshell
PRINCE Charles has sidestepped questions about his relationship with Prince Harry who blamed his upbringing for his unhappiness.
Amazon plans to deliver UK 10,000 new jobs
AMAZON is expanding its UK workforce by nearly a quarter – taking on 10,000 workers off the back of a pandemic-fuelled sales boom.