Original subtitles

all right Alexander let's do a follow-up

on the Nigel farage banking incident and

uh it looks like the banks were lying uh

I believe the bank is uh is is named

Coots cootsbank which uh canceled

farage's bank account

the CL it looks like they've been lying

it looks like the British media has been

lying as well as they were coming to the

the defense of Coots for

um debanking Nigel farage and it looks

like they've been caught in a whole

bunch of lies because uh Nigel farage he

uh he wanted the reasons as to why he

was debanked and he he yeah he got the

letter which explains the reasons and uh

he went public with that information and

it's because at least there's Delta

they're telling faraj it's not about you

know meeting the the account threshold

and and you didn't meet that threshold

and so we're we're canceling your

account it was for political and social

issues his friendship with Trump his

friendship with novik Djokovic

his dad son uh or comments that he's

made about the lgbtq community

um videos that he's posted on social

media I mean stuff like that is the

reason that he was debanked

what uh what's going on there in uh

Britain this is some scary stuff well it

is very scary stuff and it's a very

sordid and ugly affair because it also

shows you the banks are able to lie and

do lie about their decisions and it's

about about how they treat their

customers now let me just explain couth

is one of the oldest banks in Britain it

was created I think either in the 17th

or 18th century but it has long since

been absorbed into the NatWest RBS Group

which is one of the big Banks here in

Britain now it functions as the private

banking arm of NatWest now for those who

don't know private banks are not

banks that have privately owned if they

are banks that handle the accounts of

wealthy people of high value customers

and I believe that when it comes to

Coots you need to be worth at least a

million pounds to be able to own an

account there and they provide you with

additional Services over and Beyond the

kind of services that normal Banks

provide for example they help you with

your investment decisions to help you

with setting up trusts they do all kinds

of things which just aren't available to

you know to to people who have ordinary

accounts so this is and of course they

they prize themselves on having a

particular relationship a particularly

close relationship

with our customer I mean you have an

actual person you can talk to whenever

you have an issue or a problem you can

phone them pretty much any time of the

day or night that's what Coots does

amongst the people who Banks and Coots

is King Charles III just let's just say

it's it's that sort of bank now

of course

by definition

you have to be rich in order to be

a customer an account customer at Coots

so when the story circulated that Nigel

farage

um had been he's he's accounted Coots

had been closed he's been told that his

banking services with goose were closed

um

they spread Stories the banks spread

stories across the media that it was

because he wasn't Rich enough any longer

to bank at Coots and it actually became

really Sinister because you've got all

sorts of people reporting on this story

the media

all together was writing about this a

member of the Coots family there was

actually a founding family they still

exist which actually wrote a piece in

the Daily Telegraph explaining you know

how you know when could with Coots it's

um you know you have to be rich even she

isn't Rich enough to bank at a family's

own bank apparently I should say this

person I am sure

was used I'm sure she didn't know

the real story the real facts anyway

the moment I saw those stories

circulating in the media I knew that

this was absolute and complete nonsense

because the idea that Nigel farage of

all people doesn't have the necessary

Financial assets to bank accounts is

ridiculous if you know anything about

Nigel farage's background you know that

he's worked at the city that he's been

relatively successful business person

he's also an internationally well-known

person he's earned fees he's got all

kinds of things I'm not suggesting that

he's a multi-millionaire or anything

like that

but he certainly meets the financial

eligibility criteria to bank at Crewcuts

and I knew that this was had to be

absolute nonsense what I didn't know

and what Coots and NatWest didn't

realize is that of course Nigel farage

is an extremely clever man and somebody

who's able to take steps to defend

himself so when he first announced that

he's bank accounts had been closed what

he didn't say is that through all

various legal devices and I suspect

help from people inside the bank

he didn't just get one letter

but an entire dossier of discussions of

what actually went on within the bank

and the real reasons why they closed

these accounts and yes it was partly

because of his friendship with Donald

Trump it was partly because of his

friendship with Djokovic the tennis

player it was partly because he'd taken

an anti-immigration stances but surprise

surprise he supported for brexit

also came up as well it's all there all

there in papers in in all the you know

anyway he's now released all those

papers to the media

it's creating

it took a while by the way for this

story to really take off but it has now

taken off the government itself has been

shaken by it and I should point out that

the parent company of Coots which is now

west is 39 owned by the British

government so this is a government a

bank that the British government itself

partly owns anywhere the British

government has been shocked by this and

it's created a huge art Rule and what

we're discovering is not only did the

bank

essentially lie planting all these false

stories across the media about the real

reasons why farage is bank bank account

was taken from him but there's now a

report circulating that the overall

chair of the entire NatWest group

was it a journalist a reporter's dinner

and that during that dinner she was

sitting next to one of the journalists

who was spreading the story that um

farage's account was closed because

supposedly he was out of out of out of

cash so

the bank has been exposed as spreading

stories about one of its own customers

remember that they've implied that he's

you know that he's

poorer than he actually is

they spread stories about one of that

one of his own one of their own

customers and at the same time

they've lied about that customer and of

course they've

banking bank accounts purely because of

his political opinions which are

entirely legal opinions for him to have

one word comes to mind conspiracy I was

yeah that's that's what this sounds like

to be a conspiracy well it was

it was a conspiracy that that uh um the

bank and of course the media all

colluded in and can I just say something

I mean you know in theory of course

banks are allowed to close the customer

accounts I mean we all understand that

but I cannot imagine

that uh British Banks would be taking

these kind of steps if they didn't have

um a green light to do it from the

financial regulators and conceivably

even the bank of England so just bear

that in mind as well

the government was involved as well then

I mean I mean that's that's basically

what you're what you're having in a way

the government must have known the

government had to have known that this

was going on yeah some officials within

the government undoubtedly did now of

course they are they've now been shocked

about it they say the chancellor of the

exactly Jeremy Hunt says that he's

profoundly shocked to pronounce it that

he's now planning legislation uh to be

introduced into the House of Commons

next week to make it impossible for

banks to close accounts

um in light of people's

political opinions

we will see whether that happens and

always of course

you know the devil is in the detail we

will see whether that legislation

actually says what it is supposed what

the government is telling us it will say

but just consider if that legislation is

indeed passed

then

considers

consider what's

an enormous benefit

Nigel farage will have given to the

country because he played that played

this thing brilliantly not for the first

time people have underestimated him

um by you know by exposing this whole

scandal in the way that

he did

we now have a possibility I don't want

it to put it higher than that that we

might actually have legal safeguards in

Britain against this happening again

contrast that with what has happened in

places like Canada for example where

there's legal safeguards don't exist

yeah and uh and he exposed the media

once again for lying which absolutely

just an added benefit you're you're in

London so what what's what's the sense

from from the people how do they feel

about this Pro or auntie farage I mean

or or agnostic to to to to his uh

political past let's say I mean what's

what's the sense right we're in London

of course and in the part of London

where I live and work

um farage is not popular I mean to put

it mildly I mean this is Romania Central

to put it mildly so I don't think many

people here actually are either

sympathetic to him or are particularly

sympathetic to people who have uh their

accounts closed because they're right

wing

um and I can't you know but my

impression is that elsewhere in the

country this is cut through and I'm

going to give an example and you know

all of this is connected it may be a

different issue but it is a connected

one I'm starting to see in many parts of

London and even in my own area and in

the farmer's market where I buy food

people saying that

they only want to trade in cash and that

they strongly oppose all attempts by the

British authorities or but by the way

authorities anywhere to move us towards

a cashless economy and you can see that

all of this is to a great extent

connected with what has happened with

the banks it's obviously also connected

with the digital currencies things this

thing has cut through and you only have

to see the media response the way in

which the media initially

tried to

suppress the story

and the way in which it's

blown apart

to see that

people must be writing into their

newspapers calling their MPS

are clearly becoming worried about this

sort of thing

good good this is a an interesting

development how all of this has worked

out yeah and as I said I mean you know

it shows again how in Britain The

Establishment consistently

underestimates Nigel farage

yep

yeah you can carry over that

underestimation to to Russia as well

anyway we're not going to get into this

all right we'll leave the video there

the Durant

we are at Rumple Rockford Odyssey and uh

a telegram and go to the direct shot 10

off use the code good day take care

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