Arron Banks

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Person.png Arron Banks   TwitterRdf-icon.png
(businessman, financier)
Arron Banks.jpg
BornArron Fraser Andrew Banks
March 1966
NationalityBritish

Arron Banks is a British businessman and political donor. He is the co-founder (with Richard Tice) of the Leave.EU campaign.[1][2] Banks was previously one of the largest donors to the UK Independence Party (UKIP) and bankrolled Nigel Farage’s campaign to leave the EU.

A UK parliamentary committee report concluded; "Arron Banks is believed to have donated £8.4m to the Leave campaign, the largest political donation in British politics, but it is unclear from where he obtained that amount of money"; "He failed to satisfy us that his own donations had, in fact, come from sources within the UK."[3] Banks has stated that the money he donated to the Leave.EU campaign was legitimate and came from his UK insurance businesses.[4] He has been reported to have had multiple meetings with Russian embassy officials[5] as well as offered business opportunities in Russia in the run-up to the Brexit referendum.[6][7] He has denied any wrongdoing and said: "There was no Russian money and no interference of any type."[8]

Banks reportedly pressed the UKIP NEC several times to influence the election of party leadership in exchange for continuing donations. He claimed he was suspended from UKIP in March 2017, but UKIP said his membership had "lapsed earlier in the year".[9]

March 1966| 

Related Document

TitleTypePublication dateAuthor(s)Description
Document:The Real Reason Theresa May’s Brexit Has FailedArticle2 March 2019TJ ColesSo, the choice faced by ordinary British people is between a neoliberal EU supported by millionaires like Kenneth Clarke or an ultra-neoliberal Brexit supported by multimillionaires like Jacob Rees-Mogg. Meanwhile, ordinary working-class people pay the price for these elite games, as usual.


References

  1. Laville, Sandra (10 June 2018). "Arron Banks: self-styled bad boy and bankroller of Brexit". The Guardian. Retrieved 4 September 2018.Page Module:Citation/CS1/styles.css must have content model "Sanitized CSS" for TemplateStyles (current model is "Scribunto").
  2. Hope, Christopher (11 July 2015). "Millionaire Jim Mellon backs £20million 'anti-politics' campaign to leave EU as name revealed". The Daily Telegraph. Retrieved 11 November 2015.Page Module:Citation/CS1/styles.css must have content model "Sanitized CSS" for TemplateStyles (current model is "Scribunto").
  3. "Chair comments on the decision to refer Arron Banks to the National Crime Agency". www.parliament.uk.Page Module:Citation/CS1/styles.css must have content model "Sanitized CSS" for TemplateStyles (current model is "Scribunto").
  4. "Arron Banks 'dropped from BBC's Question Time panel'". BBC News. 7 November 2018. Retrieved 1 March 2019.Page Module:Citation/CS1/styles.css must have content model "Sanitized CSS" for TemplateStyles (current model is "Scribunto").
  5. "Revealed: Leave.EU campaign met Russian officials as many as 11 times". The Guardian. 8 July 2018. Retrieved 4 November 2018.Page Module:Citation/CS1/styles.css must have content model "Sanitized CSS" for TemplateStyles (current model is "Scribunto").
  6. Cadwalladr, Carole; Jukes, Peter (16 June 2018). "Leave.EU faces new questions over contacts with Russia". The Guardian.Page Module:Citation/CS1/styles.css must have content model "Sanitized CSS" for TemplateStyles (current model is "Scribunto").
  7. Cadwalladr, Carole (16 June 2018). "Arron Banks, Brexit and the Russia connection". The Guardian.Page Module:Citation/CS1/styles.css must have content model "Sanitized CSS" for TemplateStyles (current model is "Scribunto").
  8. "Arron Banks challenged over Leave.EU funds". BBC News. 4 November 2018. Retrieved 1 March 2019.Page Module:Citation/CS1/styles.css must have content model "Sanitized CSS" for TemplateStyles (current model is "Scribunto").
  9. Laura Hughes (14 March 2017). "Ukip 'suspends' donor Aaron Banks from the party". Daily Telegraph. Retrieved 14 March 2017.Page Module:Citation/CS1/styles.css must have content model "Sanitized CSS" for TemplateStyles (current model is "Scribunto").
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