Brexit Leader Richard Tice Exposes Impact of Debanking Scandal on His Family
Brexit expert Richard Tice has recently disclosed that his own family has fallen victim to the debanking scandal. In an astonishing turn of events, one bank even went as far as demanding to review the will of Tice’s deceased mother when a relative attempted to open an account.
Mr. Tice, who leads Reform UK, strongly criticized the “unfair” regulations that impose limitations on “politically exposed persons” (PEP) and their families, preventing them from accessing banking services. Expressing his dismay, he stated, “It’s truly outrageous for a bank to ask for my mother’s will in a situation where a close relative was simply trying to establish an account. This insensitivity only brings back the painful memories and grief. The entire framework of PEP laws needs a complete overhaul. It seems that the corporate world has taken an absurd turn.”
According to Mr. Tice, one of his family members, whose identity remains undisclosed, approached Aldermore Bank. However, the bank astonishingly demanded to review the will as a condition to verify that the funds were indeed inherited.
Responding to this incident, a spokesperson for Aldermore clarified, “When assessing an individual’s application for banking services, Aldermore does not consider their political opinions.”
This revelation comes on the heels of The Sun on Sunday’s earlier report that Swiss Re, a different financial institution, had debanked Mr. Tice based on his political viewpoints. The incident underscores the ongoing concerns regarding the potential misuse of financial institutions’ power to influence individuals based on their political affiliations.