Quote:
Originally Posted by nomadking
A large part of the discussion document was purely political. If the decision wasn't political, why discuss political matters unless they were to be relevant to any decision making process?
The reason for now rather than earlier, is a change of policy by NatWest to be more "inclusive" etc.
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NatWest are offering him a bank account where many institutions have not. What he isn’t being offered is the prestige or status he seeks.
---------- Post added at 12:27 ---------- Previous post was at 11:50 ----------
Now we are getting somewhere:
BBC live feed at 12.00
https://www.bbc.co.uk/news/live/business-66296935
Quote:
Two MPs say they have been refused bank accounts
Two MPs have told the BBC they have been refused bank accounts due to being considered a Politically Exposed Person (PEP), which puts them at higher risk of bribery and corruption.
The first MP said the problem was "absolutely rife" in banking and they'd had "no joy" trying to open a bank account for office expenditure and it made things "too complicated" to open a joint account.
A second MP said they'd been warned by a predecessor that "I would have an awful lot of trouble like this", adding "loads of colleagues are facing the same".
They said: "One bank turned me down when I was applying for a remortgage earlier this year on the basis that I was a PEP.
"Even being accepted involved much longer for them to do extra checks.
"I also had to change accountants because they would no longer take me on."
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With an exodus of Conservative MPs from their jobs in the next 18 months they’re concerned for their own status and want to use the dying embers of the Sunak administration to legislate to protect themselves.
I wonder how the other 61% of NatWest shareholders feel being used as a political football by a corrupt Government.