Farage claims probe into undeclared £5m cypto billionaire’s ‘gift’ is rigged against him

← Back to the feed

Farage claims probe into undeclared £5m cypto billionaire’s ‘gift’ is rigged against him

Developing story first seen 2 hours ago

The Independent · 2 hours ago

Nigel Farage has escalated his attack on the Commons Standards Committee, telling the BBC "we know the outcome already" and comparing his treatment to Boris Johnson's clashes with the Privileges Committee over Partygate, in which Johnson was ultimately found to have lied to Parliament and lost his former MP's pass. The Reform UK leader is contesting an inquiry into an undeclared £5million donation from crypto billionaire Christopher Harborne, and has questioned whether MPs from rival parties, chaired by Tory MP Alberto Costa, can judge him fairly given they are political opponents in elections.

Farage said the donation, received before he became an MP in July 2024, was a personal gift to cover his private security costs rather than a declarable political donation, though complainants say it fell within the period requiring declaration. He said he called the recent Clacton by-election partly to let voters "be the judge" while the investigation, which Labour's Lucy Powell suggested could take up to a year, left him "judged guilty every single day". Standards commissioner Daniel Greenberg is overseeing the probe; Farage said he had no issue with Greenberg personally but stood by his criticism of the committee's political make-up.

  • Farage says Standards Committee will find him guilty regardless of evidence
  • He likens his case to Boris Johnson's Partygate committee battle
  • Inquiry concerns an undeclared £5m gift from crypto billionaire Christopher Harborne

New here? Start with this

Nigel Farage is the leader of Reform UK, the party that came third in vote share at the last general election and has been rising in the polls. He became an MP for Clacton in July 2024, and party leaders like him are required to declare significant political donations to Parliament's authorities so the public can see who is funding politicians.

The row centres on a £5million payment Farage received from Christopher Harborne, a wealthy businessman with cryptocurrency interests, which was not declared as a political donation. Farage says it was a personal gift to pay for his private security, while others who raised the complaint argue it should have been declared under the rules. The case is now being examined by the Commons Standards Committee, a cross-party group of MPs that investigates whether politicians have broken the rules on conduct and transparency, supported by an independent standards commissioner who gathers the evidence.

This matters because the committee's findings could affect Farage's standing as an MP and as leader of a party that has been gaining significant public support. Its decisions can also shape wider debate about how political donations are regulated and how much trust the public can place in the system meant to police them.

More coverage

Politics UK World

Read the full article at the source →