David Cameron has said he will “respond positively” to any requests from MPs for him to give evidence about Greensill Capital.
The former prime minister has faced criticism for lobbying on behalf of the finance firm, which recently collapsed.
It has sparked a wider row over private companies’ attempts to influence ministers and officials.
The government has asked a senior lawyer to conduct a review into the issue and to report by the end of June.
But on Wednesday the Commons Treasury committee announced plans for its own probe, with other committees reportedly planning to do the same.
A spokesman for Mr Cameron said he would “respond positively” to requests to give evidence “when the terms of reference of each inquiry are clear”.
It is not yet clear whether the former Tory leader will be asked to appear in person, or to provide a committee with evidence such as documents.
Labour had wanted a “full” probe, including public hearings by a cross-party panel of MPs – but the government rejected this, and voted down the plan.
Meanwhile, the head of a watchdog which advises former ministers and officials on outside employment will make a long-planned appearance in front of MPs later on Thursday.
The Conservative peer Lord Pickles chairs the Advisory Committee on Business Appointments (Acoba).
The Greensill affair has led to renewed focus on the regulator, which has previously been described as “toothless” by a committee of MPs.
Current rules ban former ministers from lobbying government for two years after they leave office – a rule Mr Cameron appears to have followed.
But critics of the current system, including former Labour prime minister Gordon Brown, have suggested a longer ban is required.
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