People with links to sanctioned Russians got debanked… not because of their political views
I mean it is kind of because of his political views, but not in the way he means.
Like, if it’s my political view that drugs should be legal, that doesnt mean Lloyd’s need to tolerate me running a weed dealing business through their accounts.
As was stated by many at the time. The banks cannot state it openly because of litigation, but that does not mean they cannot recognise the potential cost it presents.
The costs are high. Finance regulations force the banks to investigate high-profile clients for any conflicts of interest or reasons where a bank may be facilitating something illegal or sanctioned. It is literally illegal for the bank not to perform these checks. They can’t just put on blinkers and claim ignorance.
It would be at least negligent to shareholders, and possibly outright illegal, not to act on that information if there were significant risk.
Honesty the fact that Farage has gotten away with claiming that the closure was politically motivated despite the one document he used as evidence of this not actually supporting that claim at all (seriously, go read it it basically amounts to “he’s a dick but nothing he’s done is illegal so we’ll keep him on until his mortgage expires and he no longer meets the wealth requirements”) has been a massive failure of the British media to do the bare minimum of due diligence on checking the BS he comes out with.
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What he lied, that shocking.
He was just super excited to have an opportunity to be remotely relevant again for 5 minutes. That’s the problem with being a single-minded brainless fuckwit, when you achieve your objective you become irrelevant. If he had any brains he would be a conservative and then he could bash everyone forever without ever the risk of actually achieving anything.
He needs his account back so he can resume doing big chungus cameos
