Nigel Farage plans to initiate a legal dispute with NatWest regarding the closure of his accounts at Coutts, their private banking subsidiary. This scandal resulted in the resignation of NatWest’s chief executive, Alison Rose, and the departure of Coutts’ chief executive, Peter Flavel, shortly thereafter.
The previous head of Ukip and the Brexit party stated that he is directing legal action against NatWest in hopes of converting it into a group lawsuit.
A report conducted by an unbiased party regarding the closure of Farage’s accounts revealed that while there were significant flaws in NatWest’s handling of the situation, the decision was within legal bounds. In response, Farage criticized the report as a cover-up.
On Friday, NatWest’s board announced that they would not be awarding Rose with £7.6m. The company clarified that while there were no accusations of wrongdoing against Rose, their “good leaver” status did not qualify them for the designated share plan benefits.
Farage shared a picture of a Sky News article about the legal action on X (previously known as Twitter), stating: “NatWest should be held responsible.” According to sources, Farage has hired Grosvenor Law, a law firm in London, to represent him and plans to initiate the legal process next week.
An unidentified individual informed Sky News that Farage may pursue a large sum of money to compensate for the harm done to his image and to cover his legal expenses. In a press release shared with the news channel on Saturday morning, Farage stated, “NatWest and its former CEO, Dame Alison Rose, must be held responsible for their false statements and mistreatment of thousands of innocent individuals.”
According to sources, Farage will be joining the cast of the popular show, I’m a Celebrity … Get Me Out of Here! Despite previously stating that he would not appear on the show because he found it demeaning, he has now acknowledged that he is pondering the opportunity to participate, as ITV has supposedly offered him a large amount of money.
A representative for the show stated that any names being discussed for I’m a Celebrity… Get Me Out of Here! are merely rumors. The official lineup will be revealed at a later time.