Article 6FX8E NatWest decision to close Nigel Farage’s bank accounts was lawful, says report

NatWest decision to close Nigel Farage’s bank accounts was lawful, says report

by
Kalyeena Makortoff Banking correspondent
from World news | The Guardian on (#6FX8E)

Investigation for bank finds however that there were serious failings' in handling of Coutts move and treatment of ex-Ukip leader

NatWest group's decision to close Nigel Farage's accounts at its private bank Coutts was lawful, but there were serious failings" in its treatment of the former Ukip leader, an independent review has found.

Lawyers hired by NatWest determined that Coutts had a contractual right" to shut Farage's accounts, and had done so because the bank was losing money by keeping him as a client.

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