'Arron Banks, the co-founder of the Leave.EU campaign, has backed Nigel Farage’s suggestion that there should be a second referendum on Britain’s withdrawal from the European Union.
The businessman accused Theresa May’s government of “backsliding” on the issue and said the UK must “act radically now” or it would “sleepwalk into a faux Brexit”.
“The only option now is to go back to the polls and let the people shout from the rooftops their support of a true Brexit,” Mr Banks added.
His comments come after former Ukip leader Mr Farage suggested a second vote would put an end to “whinging and whining” by Remain supporters and “kill” the debate for a generation.
“What is for certain is that the Cleggs, the Blairs, the Adonises will never ever ever give up,” he said during an appearance on Channel 5’s The Wright Stuff. “They will go on whinging and whining and moaning all the way through this process.
“So maybe, just maybe, I’m reaching the point of thinking that we should have a second referendum on EU membership.”
Downing Street ruled out a fresh vote on EU membership but bookies cut the odds of a second poll in 2019 to 5-1.
Mr Banks said the call for a second referendum came “after 18 months of backsliding by a weak, incompetent prime minister egged on by her Remain entourage”.'
Read more: Brexit Stitch Up: Leave campaign chief backs second EU referendum, saying it is 'the only option'
Flashback October 2017 - How did Arron Banks afford Brexit?
'In September 2013, the man who bought Brexit – Arron Banks – was in trouble.
For the past two years, financial regulators in Gibraltar had been scrutinising his insurance under-writer, Southern Rock. They had discovered it was keeping reserves far below what was needed.
This was a serious problem. Banks claimed he had already provided £40 million to plug the hole. He also told the regulator he would step down as a director, but has since been required to find an eye-watering £60 million in extra funding.
A year later, these financial worries seem to have completely evaporated. Banks had begun buying diamond mines, investing millions into chemical companies and wealth management firms, setting up loss-making political consultancies, and most famous of all – funding the United Kingdom Independence Party (UKIP).
One question remains though. If Banks was in such a tight spot in September 2013, how did he manage to be so generous the following year?
Over the past four months, openDemocracy has conducted an in-depth review of Bank's business dealings since he first started out in business in the early 2000s. As well as his own public statements about the sources of his wealth, we have spoken to his former employers, and obtained and reviewed court documents. There are of course a number of perfectly innocent ways that Banks could have obtained the extra funds, but given Banks’ significance to British politics, what we have found so far is extremely troubling.'
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