Nigel Farage is set to seek million of pounds in damages from NatWest as the de-banking row escalates.
The GB News presenter has been tipped to begin a formal legal fight with NatWest from as early as next week.
WATCH HERE: Nigel Farage issues special message on Armistice Day
One source told Sky News that Farage was expecting to see a total sum to the tune of millions over damage to his reputation and to cover his legal costs.
“For all their lies and deceptions towards me, and their illegitimate de-banking of tens of thousands of innocent people, NatWest and its former CEO, Dame Alison Rose, need to be held to account,” Farage told Sky News.
He later wrote on social media: “NatWest must be held to account.”
NatWest and a spokesman for Dame Alison declined to comment on Saturday.
LATEST DEVELOPMENTS:
The claims are expected to be filed just days after Dame Alison Rose forfeited £7.6million when NatWest scrapped her bonus entitlement.
NatWest confirmed she would not be granted the “good leaver” status which entitled her to the full exit package.
Instead, Dame Alison will forfeit £4.7million in unvested shares and £2.8million in variable pay awards.
Speaking on the Rose forfeit, Farage said: “It’s correct and right.
“It’s right for the taxpayers and actually nobody should be rewarded for failure.”
NatWest’s private banks Coutts, shut down Farage’s bank account over summer which resulted in a public scandalPAEarlier today, Nigel Farage issued a special message for Armistice Day, praying that pro-Palestinian protesters would not overshadow today’s events.
He said: “It’s very sad this year politics has got in the way. I’ve never seen it quite like this before.
“But the idea that people are out selling poppies to raise money for the Royal British Legion, who do amazing work for veterans and their families, the fact they’ve been intimidated into not going out and selling them, is very, very sad.
“When you think about it, it wasn’t just the UK that fought in those wars. We did it with all our Commonwealth friends and allies as well.
“Forty per cent of those that fought for the British Army, Air Force and Navy, didn’t come from this country. They came from India, Australia and all over the world.
“So let’s just remember the amazing contribution we’ve made to peace in the world. Let us be thankful for the life we’ve been able to live. I hope and pray this does not get disrupted by people living in this country who don’t appear to respect everything that we stand for.”
Robert Johnson is a UK-based business writer specializing in finance and entrepreneurship. With an eye for market trends and a keen interest in the corporate world, he offers readers valuable insights into business developments.
