The Bank of Farage - Page 6

**Damien** · 01-07-2023, 16:53

If he hasn't been told why (Farage that is) then it is more likely he's been flagged. That's a big IF.

jfman · 01-07-2023, 17:31

Quote:

Originally Posted by nomadking

Any evidence for your biased claim?
What about the other cases? It's just not him saying it.

Boris claimed he didn’t lie to Parliament.
Sturgeon says she knows nothing about the SNP finances.

Scandal hit politicians rarely front up and admit wrongdoing if that happens. I don’t have to evidence that it’s observable fact.

Other cases are other cases.

nomadking · 01-07-2023, 17:40

Quote:

Originally Posted by jfman

Boris claimed he didn’t lie to Parliament.
Sturgeon says she knows nothing about the SNP finances.

Scandal hit politicians rarely front up and admit wrongdoing if that happens. I don’t have to evidence that it’s observable fact.

Other cases are other cases.

So no evidence then.

jfman · 01-07-2023, 17:41

Quote:

Originally Posted by nomadking

So no evidence then.

Where’s your evidence that he’s not been told?

You make a personal choice to believe him and take him at his word. I do not. Neither of us have evidence.

One man has made a claim against one or more unnamed organisations, none of whom can comment because of GDPR.

**Hugh** · 01-07-2023, 17:56

Not an overnight occurrence, going on what he said to Sky…

https://news.sky.com/story/nigel-far...ation-12912144

Quote:

He said: "I got a phone call a couple of months ago to say 'we are closing your accounts', I asked 'why', no reason was given.

"I was told a letter would come which will explain everything, the letter came through and simply said 'we are closing your accounts, we want to finish it all by a date', which is around about now.

"I didn't quite know what to make of it, I complained, I emailed the chairman, a lackey phoned me to say that it was a commercial decision, which I have to say, I don't believe for a single moment.

"a lackey"?

Nice "man of the people" description of someone…

Paddy1 · 01-07-2023, 18:02

If he has been flagged, it would be illegal for the bank to tell him why.

If he hasn't been flagged, it would be a breach of privacy laws for the bank to issue a statement specifically relating to him.

Convenient if you wanted to put a spin on things.

I had my account closed this very month. The letter I received didn't inform my why either. It just stated that I had 2 months to sort out an alternative, which I've done, quickly and easily. A quick Google soon told me that the bank are closing all their current accounts by the end of the year which is fair enough but they didn't tell me that.

I dare say, he has a few quid about the place and banks love people like that so I've no idea why they would turn him down but I doubt it's because of his politics. If indeed they have actually refused him.

jfman · 01-07-2023, 18:05

Do you know who I am?

Yes Mr Farage, that’s the problem.

---------- Post added at 18:05 ---------- Previous post was at 18:03 ----------

Quote:

Originally Posted by Paddy1

If he has been flagged, it would be illegal for the bank to tell him why.

If he hasn't been flagged, it would be a breach of privacy laws for the bank to issue a statement specifically relating to him.

Convenient if you wanted to put a spin on things.

I had my account closed this very month. The letter I received didn't inform my why either. It just stated that I had 2 months to sort out an alternative, which I've done, quickly and easily. A quick Google soon told me that the bank are closing all their current accounts by the end of the year which is fair enough but they didn't tell me that.

I dare say, he has a few quid about the place and banks love people like that so I've no idea why they would turn him down but I doubt it's because of his politics. If indeed they have actually refused him.

Dare I ask, evidence?

1andrew1 · 01-07-2023, 18:08

Quote:

Originally Posted by nomadking

Any evidence for your biased claim?
What about the other cases? It's just not him saying it.

It's not a biased claim it's reality. Unless you have evidence, something is just a claim. A bit like Chris Bryant's claims about Nigel Farage.

It's not particularly hard for him to show us a redacted letter from his bank. And if he had a strong claim, why not take it to the Financial Ombudsman like the rest of us might do?

Paddy1 · 01-07-2023, 18:30

Quote:

Originally Posted by jfman

Dare I ask, evidence?

Touchë.

Maybe I should have added "compared to me"

**Hugh** · 01-07-2023, 18:35

Quote:

Originally Posted by jfman

Do you know who I am?

Yes Mr Farage, that’s the problem.

---------- Post added at 18:05 ---------- Previous post was at 18:03 ----------

Dare I ask, evidence?

https://find-and-update.company-info...filing-history

Sole Director/employee - Farage, Nigel Paul.

https://s3.eu-west-2.amazonaws.com/d...68c4d98fb8ab47

Total assets less liabilities - £1,147,065 (as at 31st May 2022)

jfman · 01-07-2023, 18:39

Quote:

Originally Posted by Paddy1

Touchë.

Maybe I should have added "compared to me"

My apologies, I was on my phone and thought you were nomadking.

**Hugh** · 01-07-2023, 18:46

Quote:

Originally Posted by jfman

My apologies, I was on my phone and thought you were nomadking.

Paddy1 · 02-07-2023, 12:56

Quote:

Originally Posted by jfman

My apologies, I was on my phone and thought you were nomadking.

Lol no apology necessary. I guess my point was wealth is relative and banks are in the business of making money for their shareholders so for them to have an agenda against one man seems to me to be unlikely in the extreme.

It's not impossible I suppose but what would be the point of persecuting him other than petty vindictiveness. If they are, he could easily name and shame them. It's significant that he hasn't. I just think they have better things to be doing with their time.

jonbxx · 03-07-2023, 09:05

Quote:

Originally Posted by Paddy1

Lol no apology necessary. I guess my point was wealth is relative and banks are in the business of making money for their shareholders so for them to have an agenda against one man seems to me to be unlikely in the extreme.

This pretty much. Banks, like other businesses, are there to make money. To turn down this opportunity is a big decision and would either be because they have to for regulatory reasons or for wider marketing reasons.

Nigel Farage’s finances are either directly of potentially iffy which exposes the bank to possible regulatory issues or his personal brand is toxic to Coutts which may put off other customers from banking with them.

1andrew1 · 03-07-2023, 10:00

Quote:

Originally Posted by jonbxx

This pretty much. Banks, like other businesses, are there to make money. To turn down this opportunity is a big decision and would either be because they have to for regulatory reasons or for wider marketing reasons.

Nigel Farage’s finances are either directly of potentially iffy which exposes the bank to possible regulatory issues or his personal brand is toxic to Coutts which may put off other customers from banking with them.

Coutts is a private bank so works on discretion. That and service are what its high net worth individual customers pay for. It never declares who banks with it* and it probably has far more toxic customers on its books than Farage.

* Thanks to data protection laws, banks these days don't do this usually anyway.