EXCLUSIVE: Nigel Farage is urgently contacting Chancellor Jeremy Hunt to “develop the fact” about a report into the choice to close his savings account.

By Sam StevensonPolitical News Editor,David MaddoxPolitical Editor

Nigel Farage cautions UK taxpayer to lose on billions in NatWest bombshell

Nigel Farage cautions UK taxpayer to lose on billions in NatWest bombshell (Image: GB NEWS)

Brexit firebrand Nigel Farage has actually alerted the UK taxpayer might lose on billions of pounds when NatWest shares go on sale.

The Treasury is wanting to raise as much as ₤ 3billion-₤ 4billion from offering a part of its shares in NatWest bank to the general public, it was revealed in Jeremy Hunt‘s Spring Budget.

And now Mr Farage, who was associated with a highly-controversial debanking scandal when his Coutts account was closed without cautioning in 2015, is requiring responses before shares of the bank are provided to the British public.

He informed the Express: “For the sale of shares to be a success for the Government, the general public requirements to have rely on the bank.

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    “As was initially reported last summertime, I have actually been misguided because the very start– and now the cover-up seems even worse than the criminal activity.

    “This is everything about sincerity and stability.”

    The politician-turned-broadcaster fired a fresh caution over an independent report, referred to as the Travers Smith evaluation, into why his account was closed last summertime, with sources near to the Brexiteer fearing it was a total “whitewash”.

    Coutts, which is owned by NatWest, stopped working to pay due regard to the interests of Mr Farage and stopped working to treat him relatively in the round, the evaluation discovered.

    Mr Farage is now questioning how the “allegedly independent” examination was brought out.

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    Nigel Farage was associated with a highly-controversial debanking scandal (Image: Getty)

    The Government holds roughly 35% of NatWest and the Chancellor verified in his Spring Budget the Treasury was taking a look at a multibillion retail offering of shares in the high street bank topic to market conditions.

    Mr Farage stated: “Before shares are lastly put on sale to the British public, I am calling on the Chancellor to develop the reality about the Travers Smith report.

    “Why were they selected in the very first location?

    “Why are they making legal claims around advantage that plainly aren’t legitimate?

    “What are they attempting to conceal about the method their allegedly independent examination was performed?”

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