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![Nigel Farage to Resign Parliament Seat and Seek Re-Election Amid Financial Inquiry][p]LONDON (AP) — Reform UK leader Nigel Farage announced Tuesday that he will resign from Parliament and run in the resulting by-election to clear his name amid financial allegations.[/p][p]Farage stated in a broadcast announcement that he has committed no wrongdoing, saying, “I have done nothing wrong. I have not broken the law in any way at all. I have not misused public money.”[p][p]He is currently under investigation by Parliament’s standards watchdog regarding a 5 million pound ($6.7 million) donation from a Thailand-based cryptocurrency billionaire. Opposition lawmakers are also pursuing a separate inquiry involving donations from George Cottrell, an aristocratic crypto-gambling entrepreneur who previously served a U.S. prison sentence for fraud.[p][p]Farage denies any improper conduct. However, the scrutiny of his finances has raised questions about his political future, particularly as his anti-immigration party frequently leads opinion polls despite holding only eight of the 650 seats in the House of Commons.[p][p]Reform UK achieved significant success in May’s local and regional elections, contributing to Prime Minister Keir Starmer facing internal pressure. Yet the party has lost three consecutive by-elections, suggesting potential declines in support.[p][p]Parliamentary standards commissioner Daniel Greenberg is examining the donation from Christopher Harborne, a British businessman based in Thailand. Farage claims the funds were a personal gift used for security purposes and were received prior to his election to Parliament.[p][p]If violations are found, Farage could face suspension. A suspension of 10 days or more would trigger a by-election in his Clacton constituency, where he currently serves.[p][p]Such an outcome would significantly impact a party whose populist movement mirrors aspects of Donald Trump’s nationalist agenda. Farage has built support on concerns about Channel migrant crossings, which he has characterized as an invasion.[/p]](https://i2.wp.com/i.abcnewsfe.com/a/f1bf05aa-0532-4dba-98f2-e09ae5d7476b/wirestory_5875dcf037074b013117833f35ab17a3_16x9.jpg?w=1600&w=1024&resize=1024,1024&ssl=1 "Nigel Farage to Resign Parliament Seat and Seek Re-Election Amid Financial Inquiry][p]LONDON (AP) — Reform UK leader Nigel Farage announced Tuesday that he will resign from Parliament and run in the resulting by-election to clear his name amid financial allegations.[/p][p]Farage stated in a broadcast announcement that he has committed no wrongdoing, saying, “I have done nothing wrong. I have not broken the law in any way at all. I have not misused public money.”[p][p]He is currently under investigation by Parliament’s standards watchdog regarding a 5 million pound ($6.7 million) donation from a Thailand-based cryptocurrency billionaire. Opposition lawmakers are also pursuing a separate inquiry involving donations from George Cottrell, an aristocratic crypto-gambling entrepreneur who previously served a U.S. prison sentence for fraud.[p][p]Farage denies any improper conduct. However, the scrutiny of his finances has raised questions about his political future, particularly as his anti-immigration party frequently leads opinion polls despite holding only eight of the 650 seats in the House of Commons.[p][p]Reform UK achieved significant success in May’s local and regional elections, contributing to Prime Minister Keir Starmer facing internal pressure. Yet the party has lost three consecutive by-elections, suggesting potential declines in support.[p][p]Parliamentary standards commissioner Daniel Greenberg is examining the donation from Christopher Harborne, a British businessman based in Thailand. Farage claims the funds were a personal gift used for security purposes and were received prior to his election to Parliament.[p][p]If violations are found, Farage could face suspension. A suspension of 10 days or more would trigger a by-election in his Clacton constituency, where he currently serves.[p][p]Such an outcome would significantly impact a party whose populist movement mirrors aspects of Donald Trump’s nationalist agenda. Farage has built support on concerns about Channel migrant crossings, which he has characterized as an invasion.[/p]")
