The Parliamentary Standards Commissioner has launched an inquiry into whether or not Farage broke Commons rules by accepting the gift and not declaring it.<\/p>\n
Farage said he is not concerned about the investigation. <\/p>\n
Asked if he was worried about what people thought of the gift given the scale of it, Farage replied: “It’s very unusual for someone to give up 27 years of their life to campaign for something.<\/p>\n
“And this was given to me on an unconditional basis, completely unconditional basis. But frankly, it was given as a reward for campaigning for Brexit for 27 years.”<\/p>\n
On whether it had an impact on his decision to return to public life, Farage replied “no” before also saying “I cannot be bought by anybody”.<\/p>\n
Harborne, a British cryptocurrency investor who lives in Thailand, in April told The Telegraph that he “wasn’t expecting anything in return apart from ensuring his safety” when referring to the gift.<\/p>\n
Harborne also said he gave the money to Farage “because of my great admiration for the decades of work he had done to achieve Brexit”.<\/p>\n
The Conservatives wrote to Parliament’s standards watchdog and the Electoral Commission about the \u00a35m gift.<\/p>\n
Both the Tories and Labour said Farage has questions to answer over it.<\/p>\n
The Commons code of conduct states that new MPs “must register all their current financial interests, and any registrable benefits (other than earnings) received in the 12 months before their election within one month of their election”.<\/p>\n
The rules say “purely personal gifts or benefits” from family or commercial loans would not normally have to be registered.<\/p>\n
The rules also say “both the possible motive of the giver and the use to which the gift is to be put should be considered”, adding “if there is any doubt, the benefit should be registered”.<\/p>\n
MPs who are judged to have broken the code of conduct face a range of punishments from a written or oral apology to suspension from the House or even expulsion, in the most serious cases.<\/p>\n