Nigel Farage reported to UK standards watchdog over alleged cryptocurrency lobbying for party donor
By
Rowena Mason, Tom Burgis
Summary
Nigel Farage, leader of Reform UK, has been reported to the parliamentary standards watchdog over allegations he lobbied the Bank of England governor Andrew Bailey to drop plans for a state-run digital currency alternative. The concern stems from a private meeting where Farage allegedly acted on behalf of Christopher Harborne, a major party donor who has given £15m to Reform UK and an undeclared £5m gift to Farage personally. The investigation request centers on whether this lobbying breached parliamentary rules regarding conflicts of interest and undisclosed donor influence.
Source
bskyNigel Farage reported to UK standards watchdog over alleged cryptocurrency lobbying for party donorshare.googleKey quotes
· 3 pulledThe standards watchdog has been urged to investigate whether Nigel Farage lobbied the Bank of England to drop a cryptocurrency plan that could be costly for the billionaire bankrolling his party, potentially in breach of parliamentary rules.
The Reform UK leader has said his party's major donor, Christopher Harborne, wanted nothing in exchange for the £15m he donated to the party and the undeclared £5m gift to Farage the Guardian revealed in April.
But Farage used a private meeting at the Bank to urge its governor, Andrew Bailey, to drop plans for a state-run alternative to the digital currency
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