Revealed: Farage’s £5m gift reported to UK crime agency over money laundering concerns

According to The Guardian, a five million pound gift given to Reform UK leader Nigel Farage by a cryptocurrency billionaire was reported to the National Crime Agency by bankers who were concerned the funds may have been laundered money. The Guardian reports the disclosure adds pressure on Farage, who is awaiting a decision from the parliamentary standards commissioner over whether his failure to declare the money breached parliamentary rules. The revelation comes as Farage forces a byelection. The report describes the bankers' concern and the referral; it does not state any finding of wrongdoing.

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