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Parliamentary Ethics Panel Probes Farage Over Reported £5 Million Gift

The review puts Farage's claim of a private £5 million gift under formal scrutiny.

Overview

  • The UK Parliament's ethics committee was reported Wednesday by the Guardian and the Times to have opened an inquiry into whether Nigel Farage failed to declare a £5 million gift.
  • Farage says he had no duty to register it because he was not an MP at the time and calls the money a personal, non-political gift.
  • Parliament's rules require every new MP to disclose any reportable earnings received in the 12 months before election, which covers the period when the gift was allegedly given.
  • The money is reported to have come from Christopher Harborne, a Thai-British cryptocurrency investor and aviation businessman who donated about £12 million to Reform UK last year.
  • If investigators find a breach, possible penalties include suspension and a by-election in Farage's Clacton seat, according to the Financial Times.