Dame Alison Rose, chief executive of NatWest bank, has written to Nigel Farage apologizing for her subsidiary Coutts closing the Brexit leader’s account for his associations with Donald Trump, Novak Djokovic, as well as his public criticism of Black Lives Matter and other far-left movements.
The bank initially leaked to the BBC that Farage’s account had been closed for “commercial” reasons, which the publicly-funded broadcaster regurgitated uncritically. The BBC has now accepted this is inaccurate after Farage produced evidence that Coutts debanked him because “his publicly-stated views [are] at odds with our position as an inclusive organization”.
Dame Alison apologized for these “deeply inappropriate comments,” claiming they “do not reflect the view of the bank.”
“I believe very strongly that freedom of expression and access to banking are fundamental to our society and it is absolutely not our policy to exit a customer on the basis of legally held political and personal views,” she said – but an offer to reopen Farage’s shuttered Coutt’s account was explicitly not extended.
Notably, the BBC published its inaccurate report about Farage being debanked for commercial reasons a day after its economics editor Simon Jack, who wrote the report, sat next to Dame Alison at a dinner event. Farage is continuing to press her on whether the CEO herself planted the false story.
“Can I ask you, Dame Alison, was it you? Was it you that breached my private client banking confidentiality? Was it you that told Simon Jack that?” he asked.
“I’m going to find out… I’ve put in another subject access request, this time to NatWest bank and in particular I’m looking for any personal correspondence, Dame Alison, that concerns me,” he added.
‘Someone needs to be a voice for the thousands who have been treated horrifically by banks.’@Nigel_Farage criticises NatWest CEO Dame Alison Rose after she issued a grovelling apology for her company’s ‘vile’ report about him.
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— GB News (@GBNEWS) July 20, 2023