Monday, 21 January, 2019

‘Bad boy of Brexit’ Arron Banks ‘would now vote Remain’

‘Bad boy of Brexit’ Arron Banks ‘would now vote Remain’ ‘Bad boy of Brexit’ Arron Banks ‘would now vote Remain’
Nellie Chapman | 07 November, 2018, 15:32

British millionaire and political donor Arron Banks has insisted there was "no Russian money" in the donations received by his controversial campaigns to leave the EU.

Pressed on how Rock Services could generate the £8m when it is listed as a non-trading company, Banks said the cash came from the insurance business of Rock Services and that all Leave funds were generated by UK-listed companies.

Banks also stated he was confident the NCA would clear him and his campaign, branding the Electoral Commission a "shambles" and dismissing the whole exercise an attempt by the Remain campaign to "tarnish" the Leave campaign and derail Brexit.

The Electoral Commission says it suspects the money came from Rock Holdings, the parent company of Rock Services, which is registered in the Isle of Man and so "could not lawfully make any donation or be a party to any loan to Leave.EU".

Challenged by Marr to explain where the money for his Brexit campaign came from, the millionaire businessman and self-style "bad boy of Brexit" again denied it came from overseas, saying instead it originated from his own United Kingdom businesses.

"Contrary to some of the press reports in the Financial Times and other Remain-leaning publications, we insure almost half a million customers a year - the size of Manchester".

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".

We employ 1,000 people and we turn over £250m of premium a year.

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".

Mr Banks said Rock Services has "all sorts of revenues" but did not detail them.

He accused "vicious MPs" and journalists of trying to undermine the Brexit process. Asked why he had written to Mr Collins's constituents in Folkestone and Hythe, calling him a "snake in the grass", Mr Banks replied: "Well, he is".

Mr Banks also attacked Damian Collins, chairman of the DCMS Committee.

Banks and Leave.EU chief executive Liz Bilney deny any wrongdoing.

The NCA investigation was immediately leapt upon by European Union loyalists, with Remain-supporting MPs and commentators claiming Brexit, officially scheduled for March 2019, should be delayed until the investigation is completed - echoing the demands of the American left with respect to Justice Brett Kavanaugh's appointment to the Supreme Court of the United States.

"And before we start I'd just to say absolutely for the record, there was no Russian money and no interference of any type".