Reform UK Receives Record £36m Donation From British Crypto Billionaire
Ben Delo, convicted in the US over anti-money laundering failures and later pardoned by President Trump, has become the largest political donor in UK history, according to The Guardian.
Reform UK has received a record £36m donation from Ben Delo, a British cryptocurrency billionaire who was convicted in the United States for failing to implement adequate anti-money laundering controls, according to a report by The Guardian.
Delo, who has relocated to the UK from Hong Kong, is now reported to be the largest political donor in the country by a significant margin, surpassing the previous record of £15m contributed to Reform UK by Thailand-based businessman Christopher Harborne, the report said.
According to The Guardian, Delo was convicted in the US over inadequate anti-money laundering controls but was subsequently pardoned by President Donald Trump.
The scale of the donation marks a substantial increase in financial backing for Reform UK, though details on how the funds will be used, and any further conditions attached to the contribution, were not specified in the available reporting.
The Guardian's report did not include further comment from Reform UK, Delo, or other parties regarding the donation at the time of publication.
Sources
- Reform UK given record £36m donation by British crypto billionaire — The Guardian — World
EGazette summarizes reporting from multiple sources; follow the links for the originals.
Related articles
Guardian Columnist Says Reform UK Remains a Threat Despite Financial Scrutiny
John Harris argues in a Guardian opinion piece that Nigel Farage’s party, though weakened by investigations and controversy, could still contend for power in a future election
Albanese launches Australia's bid for UN Security Council seat, names former Murdoch aide as New York consul general
Prime Minister Anthony Albanese announced Australia's formal candidacy for a two-year term on the UN Security Council in 2029–2030, concurrent with appointing Siobhan McKenna, a former News Corp broadcasting executive, as consul general to New York.
In Germany, Friedrich Merz's CDU suffers historic defeat in Eastern state
For the first time since 1949, the Christian Democratic Union has fallen below the 5% threshold in a regional election, the minimum required to gain seats in the local parliament.
Australian Opposition Defends Fuel Excise Cut Plan Amid Cost-of-Living Debate
Shadow energy minister Dan Tehan says the Coalition's proposed 50% fuel excise reduction when oil exceeds US$100 per barrel is a sensible measure to address cost pressures.
CDU Wins Just 4.9% in Mecklenburg-Western Pomerania, Election Body Says
The state election commission reported a sharp drop in support for Chancellor Friedrich Merz's party in the northeastern German state
United Russia Leads Preliminary Vote Count With Half of Ballots Processed
Russia's Central Election Commission reports early results showing the ruling party ahead, with the Communist Party in second place, according to TASS.
Comments
Loading comments…