Nigel Farage bought £1.4m property shortly after receiving £5m gift

Revelation comes as Reform UK leader faces parliamentary investigation into money received from crypto billionaire

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Nigel Farage bought a £1.4m property in cash shortly after receiving a £5m personal gift from the crypto billionaire, Christopher Harborne.

The revelation comes after parliament’s standards watchdog confirmed separately that the Reform UK leader was facing a formal investigation over the gift from the Thai-based businessman.

Asked about the purchase of the property, a Reform UK spokesperson said: “The relevant chronology is straightforward. The offer and purchase process for the property commenced before the gift. Mr Farage had already passed proof of funds and the relevant checks before receiving the gift. The purchase was therefore already proceeding independently of it.”