Brexit donor Arron Banks denies Russian Federation connection

07 November, 2018, 15:33 | Author: Eric Barnett
  • Around 400 Tommy Robinson supporters turned marched today to protest the jailing of the English Defence League founder. One supporter threw a red flare on top of the court building and a Dr Pepper bottle was thrown at a police officer. Despite Tommy

Foreign donations to political campaigns are banned under United Kingdom law.

In a series of TV interviews on Sunday, the businessman attacked what he called a witch hunt. It was generated out of insurance business written in the UK.

I run an insurance business with half a million customers, that's the size of Manchester.

"Members of Parliament have immediately jumped on this and said we have to pause Brexit... this is part of the Remoaners looking for excuses to extend Article 50", he said.

Mr Banks said the source of the loans was Rock Services.

Bob Posner, the Commission's director of political finance, said: "We have reasonable grounds to suspect money given to Better for the Country came from impermissible sources and that Mr Banks and Ms Bilney, the responsible person for Leave.EU, knowingly concealed the true circumstances under which this money was provided".

"The Electoral Commission has made a public statement without producing any evidence", he said.

Andrew Adonis, a leading remain campaigner, said in a letter to the BBC that Banks's expected appearance was the result of "a very serious editorial misjudgment, influenced by a culture of accommodation to extreme Brexiteers now deeply embedded within the BBC". "I want to be absolutely clear about that", he told the BBC's Andrew Marr show.

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".


It is just a service company.

In turn, the Electoral Commission released its own statement confirming that they made the reference to the NCA over a £2 million (US$2.58 million) loan to BFTC, which ran Leave.EU, by Banks and his group of insurance companies.

Banks said: "I can say that was reported to the Electoral Commission and people who did work for Eldon were transferred over on short-term contracts legally and it was reported through the Electoral Commission in the right way".

He disputed the Electoral Commission's status as an independent body, claiming they're all Remainers - and he also described the organisation as a complete shambles.

Mr Banks denied any business links with Russian Federation as he stated he is not going to apologise for having lunch with a diplomat, I've had lunch with many diplomats. "You know, we're going to co-operate with the NCA and they'll have visibility into our accounts".

The comments came days after the National Crime Agency announced that it had launched an investigation into the true source of the money donated to Leave.EU, which was separate from the official Vote Leave campaign.

The whole point of this exercise is to have a reason to try to delay Brexit, he said.

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

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