Slouching Towards Oblivion

Thursday, November 01, 2018

It's The Money, Stoopid


Jamie Ross, The Daily Beast:

Arron Banks, the biggest individual donor in British political history and a major source of money behind the Brexit campaign, has been placed under criminal investigation for several suspected offenses that took place during the referendum.

Britain’s election watchdog says there are “reasonable grounds” to suspect that Banks committed several crimes in the run-up to the dramatic vote, and that they suspect he wasn’t the true source of £8 million ($10 million) in loans made to Better for the Country—a company he used to finance the Leave.EU campaign group whose public face was Nigel Farage.

The investigation by the National Crime Agency, which has the expertise to trace illicit cross-border money trails, will seek to find the true source of the money that funded Brexit.

Banks—one of the self-christened “bad boys of Brexit” who met Donald Trump in late 2016 with Farage—has long been a controversial figure with business links to Russia. He is known to have been offered three Russian business deals during the Brexit campaign, including one that gave him the chance to make huge profits from a Russian gold company.



Too much money in politics. 

We have to get back to a decent level of transparency - where we can learn every name associated with every dollar "donated" to every political entity.

A coin-operated political system is inherently corrupt.





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