Some strange and most concerning events have happened very recently. Nigel Farage, “Mr Brexit” no less, complained in late June that his bank (said to be Coutts’) told him that they were about to close the accounts, both personal and business, which he had had with them for more than 40 years: []. As of July 3rd, this has led to questions in parliament: [].
This is not the first example of a large financial institution, seemingly without any justifiable reason, withdrawing its service from customers in the UK. Last year, Toby Young of the Free Speech Union and Molly Kingsley of Us for Them were targeted for withdrawal of service by PayPal: []. Even more recently than Mr Farage, an Anglican priest, Reverend Richard Fothergill, was threatened with termination of his account with the Yorkshire Building Society within two weeks: []. This was allegedly because he had complained about their “pushing of transgender ideology.”
Here, I can’t resist an “I told you so.” For I wrote last December: “It looks as if the political élites are limbering up to extend ‘financial sanctions’ régimes, hitherto used primarily against such dubious figures as Russian oligarchs, to anyone they choose to make an example of.” And it’s amply clear that those, whom they want to make examples of, very much include those who hold views contrary to the “politically correct” establishment views.
The financial services industry and the establishment “money laundering” agenda
Some of the draconian financial sanctions, which have been used against apparently innocent people in these cases, are being pushed by governments through their Financial Action Task Force (FATF). Others are being pushed by the banks themselves via the “Wolfsberg Group” [], particularly in the area they call “anti-money-laundering.” It is worth pointing out that Coutts Bank is indirectly owned by HSBC, one of the founder members of the Wolfsberg Group. And that Yorkshire Building Society has a long-standing relationship with Citigroup, which along with a German non-governmental organization called Transparency International, was the original driver of the foundation of the Wolfsberg Group.
I think you might find it rather hard to produce any evidence of the Reverend Richard Fothergill being a “money launderer!” Or Nigel Farage, for that matter. Not to mention Toby Young and Molly Kingsley, both of whose PayPal accounts were eventually re-instated.
As I wrote in an earlier essay, “an international élite, spearheaded by the United Nations among others, and including multi-national corporations, dishonest politicians, and activist fellow-travellers, seeks to ‘unite the world’ under the tyranny of a global ruling class, unelected and unaccountable.” The recent Nigel Farage incident has made it, more than ever before, clear that the international banking and financial industry is a key player in this process. And that the “cancel culture” is a part of their modus operandi.