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Arron Banks and the missing £11m for Brexit

His pro-Leave lobby groups raised nearly £12m – but claim they spent less than £1m during the ‘official’ Brexit campaign. So where did the rest go? Andy Wigmore says he has "no idea"

By Adam Ramsay
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Arron Banks. Photo: Jonathan Brady/PA Wire/PA Images. All rights reserved.

Nearly £11 million of donations to major Brexit campaign groups funded by Arron Banks has not been accounted for publicly, according to new analysis from openDemocracy.

British election laws are supposed to provide transparency on how campaign groups spend their money during elections and referendums. However, Grassroots Out and Leave.EU – the two main groups funded primarily by the self-styled ‘bad boy’ of Brexit Arron Banks – have not disclosed what happened to £10.8 million of the money they received.

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Creative Commons Attribution-NonCommercial 4.0