Nigel Farage is taking legal steps to pursue criminal charges against NatWest, following a controversial incident where he was debanked.
The leader of Reform UK is calling it “unfinished business” and is now looking into whether he has a case for private criminal prosecution.
A Banking Scandal That Shook the UK
The story goes back to June 2023 when Coutts, one of the oldest banks in the world and a part of the NatWest Group, closed Farage’s account.
The bank, known for serving high-profile clients like members of the British royal family, claimed that Farage no longer met their eligibility criteria after his mortgage expired.
However, behind the scenes, the bank had compiled a detailed 40-page dossier that painted Farage’s views as “at odds” with the bank’s inclusive image.
This sparked an uproar, leading to serious fallout within the bank.
High-Level Resignations Follow
The scandal quickly escalated when it was revealed that Dame Alison Rose, the CEO of NatWest at the time, had discussed Farage’s account with a BBC journalist.
She incorrectly told the journalist that Farage’s account was closed due to insufficient funds, a statement she later apologized for.
Farage was offered the chance to have his account reinstated, but by then, the damage was done.
The former CEO of Coutts, Peter Flavel, also stepped down, admitting that the bank’s treatment of Farage had fallen short of their service standards.
Legal Action Underway
Now, Farage is taking matters to court.
With the help of Grosvenor Law, which is already representing him in a civil case against NatWest, he is exploring the possibility of criminal charges.
Dan Morrison, a partner at the firm, explained that they are investigating potential criminal issues arising from the bank’s actions.
They’ve brought in leading criminal counsel for further guidance, although they haven’t disclosed specific details about the case.
NatWest’s Response
In typical fashion, NatWest has refused to comment on the specifics of Farage’s case, with a spokesperson stating that they do not comment on individual customers.
As the legal process unfolds, it remains to be seen whether Farage’s efforts will result in a criminal prosecution or if this saga will finally come to an end.
What Happens Next?
With both civil and potential criminal proceedings underway, it’s clear that Farage isn’t letting this matter go easily.
As he continues to push for accountability, many are left wondering what the final outcome will be in this ongoing banking controversy.
This article was published on TDPel Media. Thanks for reading!Share on Facebook «||» Share on Twitter «||» Share on Reddit «||» Share on LinkedIn