Nigel Farage under investigation over undisclosed £5m gift from crypto billionaire
By
Ben Quinn, Peter Walker
Summary
Nigel Farage, leader of Reform UK, is facing a formal investigation by the parliamentary standards watchdog over a £5m gift from crypto billionaire Christopher Harborne. The money was received weeks before Farage announced his candidacy for the 2024 general election. Farage claims the gift was for personal security costs and didn't need to be declared, but critics argue it falls under rules requiring MPs to declare relevant gifts or donations received before entering parliament.
Source
bskyNigel Farage under investigation over undisclosed £5m gift from crypto billionairetheguardian.comKey quotes
· 3 pulledThe Reform UK leader received the money weeks before announcing he would stand as a candidate in the 2024 general election.
Farage has said the gift, first revealed by the Guardian, was intended to cover his personal security costs and therefore did not need to be declared.
Other parties argue that the money from the Thailand-based businessman falls within rules requiring MPs to declare any potentially relevant gifts or donations received.
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