Politics
Farage told Reform UK he needed £1m a year before receiving £5m gift
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Farage told Reform UK he needed £1m a year before receiving £5m gift
In March 2024 Nigel Farage told senior Reform UK figures he required £1 million annually to stand as an MP, weeks before receiving a £5 million gift from a crypto billionaire.
- In March 2024, Farage told senior Reform UK insiders he needed to replace lost earnings of £1m a year if he resumed party leadership and stood for parliament.
- Crypto billionaire Christopher Harborne gave Farage £5m on 5 April 2024, with some payments arriving in late May before Farage announced his candidacy on 3 June.
- Farage has defended the £5m as a reward for Brexit and for security, and said he did nothing wrong by not declaring the gift.
- The parliamentary watchdog paused its investigation into whether the £5m should have been declared during Farage's byelection campaign.
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