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Nigel Farage claims Coutts bank account was shut down over his ‘values’ | Politics News

Editorial Board by Editorial Board
July 18, 2023
in UK
Reading Time: 2 mins read
0


Nigel Farage has claimed his bank account was closed after Coutts decided his views “do not align with our values”.

The former leader of UKIP he said last month that the exclusive bank – used by the royal family – had written to say they were closing their personal and business accounts, and there had been no explanation.

Farage claimed in a video on Twitter that this was because he was a “politically exposed person” or PEP, and that closing his bank accounts was part of a plan to force him out of the UK.

Latest Politics: Sunak Faces Remodeling Dilemma

But both the BBC and the Financial Times reported that the bank did not want his custom as he did not have enough money in his accounts.

Now the Brexit campaigner claims to have a 40-page document showing he met the “criteria for commercial retention” but his views meant they wanted him gone, from his stance on LGBT+ rights to the his friendship with former US President Donald Trump.

Sky News has not seen this document.

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Nigel Farage

2:04

Farage clashes with Coutts bench

Writing in the Telegraph, Farage said: “Between 2014 and 2016, when I first banked with Coutts, no issues ever arose. After Brexit became a reality, everything changed.”

He said the report claimed he was seen as “xenophobic and racist”, repeated claims he was a fascist in his school days and said his previous comments were “disgusting and seemed increasingly out of touch with wider society “.

Taking to social media, Farage added: “I thought the purpose of companies was to return dividends to their shareholders, and in this case it’s you and me… we’re the shareholders.

“But they’re more concerned with putting up rainbow flags and being popular at Chelsea dinners than making money.”

Sky News has contacted Coutts for a response.



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