Nigel Farage had his bank account shut over his ties to Donald Trump and for views that Coutts bank felt did “not align with our values”.
Mr Farage was also accused by the bankers of being “xenophobic and racist”, and of espousing views which they claim are “distasteful and appear increasingly out of touch with wider society”. Other positions that the bank decided did “align” with its values included comments on LGBT issues and even Brexit, which appeared 86 times in the document.
Despite expressing concerns over alleged ties to Russia 144 times, Coutts even admitted within the document that there was no evidence to support assertions that Mr Farage was paid by Moscow. Yet, the bank still included seemingly false accusations from Labour MP Sir Chris Bryant that the Brexiteer had received £548,573 “from the Russian state” in one year.
“I have always said that after Brexit and Donald Trump’s victory in America in 2016, the globalist elite worked hard to undermine those at the forefront of anything that threatened the status quo. In this, it was spurred on by the mainstream media in Britain and America,” Mr FarageThe document also made reference to the Brexit leader being a Politically Exposed Person despite claims that this was not the reason for his being de-banked.
The PEP classification was first introduced by the G7 in 1989 to counter money laundering and bribery of politicians and was later adopted by the European Union. Despite the UK leaving the EU, the law is still on the books in Britain, with successive Conservative governments refusing to abolish all remaining EU holdover laws.
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