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Former Brexit Party leader Nigel Farage says bank accounts closed (ground.news)

submitted 2 years ago* (last edited 2 years ago) by [email protected] to c/[email protected]

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Nigel Farage, a prominent Brexiteer and broadcaster, claimed that his bank accounts have been closed without given reason, suggesting serious political persecution at the highest level.
Farage refused to name the prestigious banking group involved but stated that the closures were part of an establishment plot to force him out of the UK.
Other parties and politicians on the right of politics, such as the Reclaim Party and Reform UK, have also reportedly been denied bank accounts or had accounts closed, indicating a coordinated effort by financial institutions to target right-wing figures.

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[–] [email protected] 0 points 2 years ago (7 children)

Farage's worse than dirt.
But you'd have to be completely insane to see this as a good thing.
Banks should not hold that much power, this is effectively a privately owned social credit system.

[–] [email protected] 1 points 2 years ago (1 children)

Farage blatantly has income sources that would fall foul of UK banking anti-money laundering and sanctions rules. They absolutely should have the power to not provide banking services to people funded by illegal dark money. More than that, they have anobligation not to

[–] [email protected] 1 points 2 years ago (1 children)

Again, I complain about due process, not about the decision itself.

[–] [email protected] 1 points 2 years ago

fall foul of UK banking anti-money laundering and sanctions rules

it is those rules that mean they cant do buisness, those rules were written and passed to meet laws from parliament.

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