Nigel Farage is facing new questions about how he funds his private property after reports that he received a £5 million personal gift from crypto billionaire Christopher Harborne and then bought a £1.4 million home in cash. Sky News says property records show Farage purchased the £1.4 million property shortly after receiving the £5 million gift. The BBC reports Reform UK insists the £5 million Harborne payment, received in April 2024, is a gift. Other outlets also link the home purchase to the timing of the gift and refer to allegations that the gift was not declared or properly handled. The Independent’s related reporting (not fully detailed in the provided excerpt) indicates that details of Farage’s reported gift have been obtained “illegally,” while Left Foot Forward and The Canary focus on the sequence of events and claims about the purpose given for the funds. The Guardian’s coverage highlights the disclosure rules that apply to MPs and discusses how declarations of financial interests are expected to be made after taking office. Farage’s explanations are described as changing, according to these reports, as scrutiny continues over the gift and the subsequent purchase.
Farage faces questions over funding after receiving £5m crypto gift and buying £1.4m home
Nigel Farage is facing new questions about how he funds his private property after reports that he received a £5 million personal gift from crypto billionaire Christopher Harborne and then bought a £1...
- Nigel Farage received a reported £5 million personal gift in April 2024 from Christopher Harborne, a crypto billionaire.
- Sky News says Farage bought a £1.4 million property in cash shortly after receiving the £5 million gift.
- Reform UK says the £5 million payment is a gift.
- Multiple outlets link the home purchase to questions about whether the gift was declared and handled in line with MPs’ rules.
- Reports describe Farage’s stated purpose for the funds as changing under scrutiny, according to the provided excerpts.
Christopher Harborne's £5m donation is just the tip of the iceberg
3 months agoAnna Isaac on Nigel Farage’s response to the Guardian revelation that he was given an undisclosed £5m gift from a crypto billionaire in 2024Just weeks before Nigel Farage decided to run as an MP in the 2024 general election, he accepted a £5m gift from the cryptocurrency billionaire Christopher Harborne.“When MPs become members of parliament, they are given a copy of the code of conduct,” the Guardian’s City editor, Anna Isaac, tells Annie Kelly. “These are the rules that every MP has to adhere to. And in that code of conduct it says that you need to declare benefits and financial interests. So within 28 days of becoming an MP, you need to go back through your books, through your finances for 12 months beforehand.” Continue reading...
3 months agoReform UK has insisted the £5m party leader Nigel Farage received in April 2024 from crypto-billionaire Christopher Harborne was a gift.
3 months agoNigel Farage purchased, in cash, a £1.4m house following an undeclared, untaxed ‘personal gift’ from crypto billionaire Christopher Harborne. Farage originally claimed that the gift was for ‘security’, after Harborne saw some cruel individual throw a milkshake at the far-right leader. However, on 14 May, he altered this claim. Now, apparently, the £5m was a […] By Alex/Rose Cocker
3 months agoWhile Nigel Farage has claimed that a £5million gift received from a crypto billionaire was to pay for his personal […] The post Nigel Farage bought £1.4m property in cash shortly after receiving £5m gift from crypto billionaire appeared first on Left Foot Forward: Leading the UK's progressive debate.
3 months ago
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