The 8 Million Pound Hole in Brexit: Smoking Gun or Damp Squib?

The 8 Million Pound Hole in Brexit: Smoking Gun or Damp Squib?
Arron Banks, who ran the Leave.Eu pro-Brexit referendum campaign, in London on June 12, 2018. Reuters/Simon Dawson/File Photo
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LONDON—Britain’s serious crime agency has started an investigation into Brexit backer Arron Banks over the source of 8 million pounds ($10.4 million) in loans to groups including Leave.EU which campaigned to leave the European Union.

Banks has said the investigation is part of an attempt to undermine Brexit. He has repeatedly insisted that the money came from him and that no Russian funding was involved.