Brexit funder Arron Banks comes out as a Remainer

07 November, 2018, 03:45 | Author: Regina Silva
  • Arron Banks & Nigel Farage

Arron Banks, the Leave donor who is under criminal investigation, has insisted that "no Russian money" was channelled through his companies.

Banks, a prominent Brexiter, was referred to the National Crime Agency (NCA) on Thursday by the Electoral Commission which said it had found evidence of "multiple suspected offences" committed during the 2016 referendum.

The Electoral Commission has referred Banks, his campaign Leave.EU, its parent organisation Better for the Country, and "other associated companies and individuals" following its investigation into the 2016 campaign, which focused on a reported £2 million loan to Better for the Country from Banks and his group of insurance companies.

Mr Banks denied Rock Services was a "shell company" that did not have sufficient funds to be the source of the money for Better for the Country (BFTC), which ran Leave.EU.

On Sunday, Mr Banks denied fresh newspaper allegations that he might have misled parliament over links between one of his insurance companies and the Leave.EU campaign.

When asked about the origin of the funds, Banks said: "I certainly won't be showing you".

"There was no Russian money and no interference of any type", he told the BBC's Andrew Marr Show.

A major Brexit donor has denied claims that funding came from Russian Federation - and admitted the United Kingdom may have been better staying in the EU.

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"I know it's complex for journalists to understand but we know what this is about - it's about undermining Article 50 and the Brexit result".

Bob Posner, the commission's director of political finance, said the elections watchdog suspected the money came from "impermissible sources".

"It's a group of vicious MPs who have grouped together with the Guardian and the FT".

"The Electoral Commission has laid out concerns about this in public and it is legitimate and editorially justified for Andrew Marr to question Mr Banks robustly about them, which he will do on Sunday morning". "It was generated out of insurance business written in the United Kingdom".

Banks raised eyebrows further when he suggested that if given the time again, he would vote to remain in the EU.

A millionaire credited with bankrolling Brexit said he would now vote for the United Kingdom to remain in the European Union because of the "disgraceful behaviour of the Government".

"Channel 4 are a propaganda channel", Mr Banks responded.

"We are also investigating whether Eldon Insurance Limited's call centre staff used customer databases to make calls on behalf of Leave.EU in contravention of the Privacy and Electronic Communication Regulations 2003", the ICO said in an interim report in July.

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