Arron Banks faces criminal inquiry over Brexit campaign

The Guardian:

The National Crime Agency is to investigate allegations of multiple criminal offences by Arron Banks and his unofficial leave campaign in the Brexit referendum, prompting calls from some MPs for the process of departing the European Union to be suspended.

The NCA would look into suspicions that a “number of criminal offences may have been committed”, the Electoral Commission said in a statement, saying there were reasonable grounds to suspect Banks was “not the true source” of £8m in funding to the Leave.EU campaign.

The commission said the cases involve Banks, the insurance millionaire who heavily backed leave; Elizabeth Bilney, one of his key associates; Leave.EU itself; the company used to finance it; and “other associated companies and individuals”.