He was caught on camera making the remarks to Queen Elizabeth II and Archbishop of Canterbury Justin Welby at an event marking the monarch's 90th birthday last month.
"We've got some leaders of some fantastically corrupt countries coming to Britain," Cameron said, apparently referring to the anti-corruption summit he is hosting on Thursday.
"Nigeria and Afghanistan, possibly the two most corrupt countries in the world," he said, according to a video clip published by the ITV News channel today.
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