UK investigates biggest Brexit funder Arron Banks
Pro-Brexit campaigner Arron Banks is facing a criminal inquiry relating to the EU referendum campaign.
The electoral watchdog says there are "reasonable grounds" to suspect he was not the true source of 8-million pounds in loans made to the organisation which ran his group Leave EU.
Mr Banks owns 29 per cent of the Manx Financial Group - which includes companies such as Conister Bank and Edgewater Associates.
In a statement, Mr Banks said: " I am pleased that the Electoral Commission has referred me to the National Crime Agency. I am confident that a full and frank investigation will finally put an end to the ludicrous allegations levelled against me and my colleagues.
There is no evidence of any wrongdoing from the companies I own. I am a UK taxpayer and I have never received any foreign donations. The Electoral Commission has produced no evidence to the contrary.
The Electoral Commission has referred me to the National Crime Agency under intense political pressure from anti-Brexit supporters.
I am already in court with the Electoral Commission. In witness statements the commission has admitted it got its figures wrong in relation to a previous investigation and it even submitted its final report without taking evidence from us.
Isn’t it funny that none of the financial contributions made by George Soros to British political campaigns are ever subject to any level of scrutiny by the Electoral Commission despite his being a foreign national."