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The Independent UK
The Independent UK
National
Athena Stavrou

Farage faces inquiry over £1.4m property purchase and £5m donation

  • Nigel Farage is facing a parliamentary investigation for failing to declare a £5 million gift from Thailand-based crypto billionaire Christopher Harbourne.
  • Property records indicate the Reform UK leader completed the purchase a £1.4 million house in cash in May 2024, shortly after receiving the undeclared donation.
  • Mr Farage asserts the £5 million gift was intended for his personal security and that the property purchase process commenced prior to him receiving the funds.
  • Labour has accused Mr Farage of attempting to “cover up” the controversial donation, citing a potential conflict of interest given his stance on crypto transactions.
  • Should he be found in serious breach of parliamentary rules, Mr Farage could face suspension from the Commons, which might trigger a recall petition for his Clacton seat.

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