Nigel Farage cries persecution, nobody wants to be his banker after ties to Russia

Quin_Dub

https://www.boards.ie/discussion/comment/120799896#Comment_120799896

So he "consulted his legal team" and then what?

Did they told him he had no case??

And if so why?

I mean if a hateful Gay Conversion Therapy organisation can get a settlement from Barclays then surely a fine upstanding person like Nigel Farage should have no issues in winning his case??

Beta Ray Bill

Reading a lot of rubbish here about "There is nothing to stop banks freezing/closing accounts"

I've worked for a good few banks over the years and I can tell you this. Trying to get a bank to close/freeze an account is extremely difficult to do. The Banks themselves are likely exposed to very large loans from these individuals/companies. If they freeze the accounts, they may as well write off the loan. Banks do NOT want to freeze accounts.

If an account is frozen unjustly, you can take that to court, where if it was unjustly frozen, you will win.

Bank accounts are only frozen in Ireland on the back of a court order or seriously odd transactions going through the account (Laundering) or sanctions. We have politicians that don't even have bank accounts. And on top of that we have "Bankrupt" politicians that have accounts that they haven't even declared (that the bank knows full well who that account belongs to)

If the banks began to freeze accounts left right and centre, then people wouldn't put/keep their money in them.

Mick, Gemma and Clare all fall into the same category as oul Nigel, and nothing has happened their accounts... (even though it probably should have) #justsayin

Tony EH

https://www.boards.ie/discussion/comment/120799300#Comment_120799300

Why don't you try applying for an account with Coutts and see how far you get. 😉

Overheal

https://www.boards.ie/discussion/comment/120799786#Comment_120799786

It didn’t though. The plaintiffs settled and accepted no admission of fault. So that’s the end of that. 🤷🏻‍♂️

If the plaintiffs wanted to answer your question in court they should not have settled. Now it’s useless for this exercise.

brickster69

https://www.boards.ie/discussion/comment/120799931#Comment_120799931

Phone them up and ask them if you are so interested. That is the whole point, none of us know the facts and are just speculating.

Quin_Dub

https://www.boards.ie/discussion/comment/120799890#Comment_120799890

It has to do with the bank in terms of where the "donations" might be coming from.

Thinking about the types of people and organisations that might be predisposed to donating to a charity focused on the forceful conversion therapies that these people promote , do you think it's completely beyond the realms of possibility that some very dodgy and/or illegal organsations have donated money?

The banks may well have thought - "We make zero money off these guys , but because of the sort of people that they are associated with we have to spend huge money on audit and oversight to make sure that the money held in our accounts is all above board - It's just not worth the hassle"

pixelburp

https://www.boards.ie/discussion/comment/120799919#Comment_120799919

Nobody knows, but that doesn't mean there's a degree of reasonable speculation allowed based on what is probable, and what is most likely given the institutions and individuals involved.

As has been my own broken record, it's curious that of all the people involved with Brexit, this "rich person's bank" as @Tony EH called it, singled out Nigel Farage for special treatment and punitive action. Not Barclay's either ... but Coutts - a private bank far beyond our financial stratosphere, so let's dispense this idea that some dreadful wrong is being conducted under our noses by a supposed, respected institution of the common clay. These are rich people's problems going on, with a private bank that'd call security if the likes of me walked in the door. I imagine their rules are longer, and more ... discriminating than any high street bank.

To lift from the original article's own quotation: "They know, if I hadn’t done what I did, with the help of thousands of people in our people’s army, there never would have been a referendum, let alone a victory,". That's typically strong, self-aggrandising language smelling more like a pitch for martyrdom, than an interest in rumbling chicanery at the heart of Wealth Management.

Quin_Dub

https://www.boards.ie/discussion/comment/120799948#Comment_120799948

Indeed - We are all just speculating.

You are speculating that Nigel Farage is being persecuted by UK Banks for his political views and I and lots of other people are speculating that that scenario is highly unlikely for a variety of reasons and that other far more mundane (at least politically speaking) reasons are the more plausible theory at this point.

brickster69

https://www.boards.ie/discussion/comment/120799960#Comment_120799960

Of course you can speculate all you want, it means nothing. If he has done something illegal he will be charged, if he has not, then he won't.

It's good though that the government are looking into it all. It would be very serious if banks were judging people on what they believed and expressed though wouldn't it ?

Overheal

many Faragiphiles here seem eager to chase the car on this one

Im eager to see what they get when they catch it 🙃

🚗🐶

pixelburp

https://www.boards.ie/discussion/comment/120799995#Comment_120799995

As is your own speculation equally worthless, as you seem to take Farage at his word that something's up. But honestly I imagine private banks and wealth management companies discriminate all the time. That tier of living tends to.

But taking a critical eye, and healthy suspicion to Farage's rather hysterical claim is itself a healthy approach, isn't it?

brickster69

https://www.boards.ie/discussion/comment/120800015#Comment_120800015

To repeat , if he has done something illegal he should be arrested and put before a judge just like anyone else. What more do you want me to say ?

You carry on speculating.

ancapailldorcha

To summarise, in ~400 posts we have a few posters desperately parroting everything that Farage says with no critical analysis whatsoever, repeating themselves whenever it's legitimately pointed out that Farage is almost certainly lying and then pretending that his news channel is something other than a toxic disaster.

Ok.

Overheal

https://www.boards.ie/discussion/comment/120800133#Comment_120800133

Not everything illegal is arrestable, like 5 over the speed limit.

Laws or regulations or risks prohibiting the banks from banking with Farage or his dirty money could have nothing to do with “throwing him in jail”

https://www.boards.ie/discussion/comment/120800192#Comment_120800192

What's comical is that many people, politicians, and commentators have been frothing at the mouth about Farage and Russian money / links to the Kremlin for almost a decade, yet not one scintilla of evidence -- nor some remarkable breakthrough story by journalists -- has ever been uncovered. Instead, all we get is tergiversation about how Farage is somehow linked to "dirty money", without specifying any concrete details or evidence. It's ridiculous at this stage, bordering on the conspiratorial.

All that was found was a few thousand pounds from appearance fees for RT in 2016-2017, the same RT that hosted many other Labour and Conservative MPs on its shows.

pixelburp

https://www.boards.ie/discussion/comment/120800133#Comment_120800133

Not every illegal financial act results in an arrest, indeed as you posted cases can result in settlements. Which might be the more likely outcome all told. Not sure why you'd think these things might involve arrests or the like. Or indeed what illegal act you think I believe Farage has done?

And if speculation is so abhorrent to your sensibilities, maybe don't reply to my posts. Kinda comes with the territory when people reply to others you wish to continue.

Overheal

https://www.boards.ie/discussion/comment/120800269#Comment_120800269

7 banks not banking with him seems like a scintilla of evidence to me.

https://www.boards.ie/discussion/comment/120800320#Comment_120800320

You can't have it both ways.

Earlier in the thread, you and others were arguing that Farage was "lying" about his claims.

Now you seem to believe him.

Which is it?

Overheal

https://www.boards.ie/discussion/comment/120800325#Comment_120800325

Actually I can.

If he's lying than he's an attention seeking grifter.

If he's not lying then there's clearly something dirty with his money.

Either way the man himself says and wants us all to believe 7 banks won't bank with him.

I daresay Nige might be withholding some pertinent information.

Quin_Dub

https://www.boards.ie/discussion/comment/120800325#Comment_120800325

We all believe that 7 Banks have said they don't want to do business with him - Or at least they don't want to do the kind of business that Farage would like.

Where our opinions differ is on WHY those 7 banks don't want to do business with him.

Nigel Farage claims that it is exclusively because of his political views and that the banks are targeting him as a result.

Lots of other people are saying that that scenario is highly unlikely and there is almost certainly a lot more to this than Farage is saying in public.

tl;dr

What he said -

https://www.boards.ie/discussion/comment/120800367#Comment_120800367

https://www.boards.ie/discussion/comment/120800351#Comment_120800351

If he's not lying then there's clearly something dirty with his money.

This is a total non-sequitur.

To give a few cases in point:

• PayPal banned Toby Young from using the platform for his Free Speech Union organization. That ban was reversed, Young did not contravene the rules nor was he linked to "dirty money".
• Nigel Lawson's granddaughter was refused a bank account on the basis she was biologically related to the former Conservative chancellor. The daughter has Down's syndrome and so her father had to create an account for her, yet she was still rejected. This had nothing to do with dirty money either.

I could go on, but your non-sequitur that anyone who has a bank or financial account rejected must mean they are linked to "dirty money" is utterly absurd.

Brexit referendum happened SEVEN YEARS AGO!

The banks are just now realising that Farage played a part?

Overheal

https://www.boards.ie/discussion/comment/120800379#Comment_120800379

That's a non-sequitur.

You won't even accept other users evidencing Nigel Farage's own sordid reputation for telling lies, crowing that it is "not relevant"

But you're faffing on about 2 other people not named Nigel Farage who weren't denied banking because Nigel Farage is a politically exposed person (PEP).

Laughable.

ancapailldorcha

https://www.boards.ie/discussion/comment/120800380#Comment_120800380

I mentioned this early in the thread. One would think the all powerful remainer establishment which doesn't control the courts, the police, the media, parliament or any institution whatsoever might have been a bit more efficient, no?

Seriously, I would expect a child to see that Farage is clearly lying. Ditto for the vicar and the other loons.

Overheal

https://www.boards.ie/discussion/comment/120800411#Comment_120800411

Some children believe in Santa longer than others.

Strazdas

https://www.boards.ie/discussion/comment/120800379#Comment_120800379

Are you not a bit baffled to see Farage constantly begging for money from his disciples on social media? That does not sound like a person who is financially secure.

Quin_Dub

https://www.boards.ie/discussion/comment/120800423#Comment_120800423

He has a cameo page ffs!

The exclusive home of Grifters and faded Z listers.

https://www.boards.ie/discussion/comment/120800423#Comment_120800423

Ultimately Farage, like every other major celebrity or political voice, seeks to use that audience as a means of furthering their personal and financial interests.

Where you'd have to draw the line is if any criminal activity were involved.

I'm aware Farage has been flogging his own variety of gin, for example. But if people are willing to buy it, who am I to complain? That's a private business transaction between Farage and the customer; in the same way that James May used his base to create Asian parsnip gin for his audience.

Nobody can sit back and do no work. Farage like everyone else, has to earn a living.

Overheal

https://www.boards.ie/discussion/comment/120800452#Comment_120800452

Most everyone else doesn't draw the ire of bankers though - that noted extreme far left demographic of socialists. snort