Thread: George Soros defends £400,000 donation to anti-Brexit campaign

George Soros defends £400,000 donation to anti-Brexit campaign

Billionaire investor George Soros has defended his decision to hand £400,000 to a campaign arguing against Brexit - and says he considers leaving the EU a "tragic mistake".

Mr Soros came under fire last week after it was revealed he had donated the money, through one of his foundations, to Best for Britain.
The tycoon has now hit back at what he described as "toxic personal criticism" against him, and has denied accusations that he was "undermining democracy".

Writing in the Mail on Sunday, he told how the organisation had his "wholehearted support", and insisted he had never made a secret of his opposition to Brexit.

He said: "The fact that conditions are unsatisfactory does not mean that they can't get worse. That is what has happened in Britain.
"Before the referendum Britain was doing better economically than the rest of Europe. But this has now been reversed, with Continental economies powering ahead while Britain lags behind."

Hungarian-born Mr Soros, one of the world's richest men who made a billion dollars betting against sterling on Black Wednesday in 1992, said Britain would "lose much of its global influence" outside of Europe.

He added: "To make matters worse, the divorce process will preoccupy both Britain and Europe for years ahead, when they should be uniting to resist external enemies like Putin's Russia and resolve the internal contradictions that made some people regard the EU as their enemy."

He also claimed Brexit had turned young against old, saying young people had become disillusioned with democracy after older votes "overruled" them in the referendum.

Declaring to be a "proud supporter" of Best for Britain, he warned that the effect of the uncertainty created by Brexit would become "painfully obvious" in the next six months as negotiations entered the "most contentious phase".

Mr Soros's donation to Best for Britain was first reported in the Daily Telegraph, in a story written by a team including Theresa May's former chief of staff Nick Timothy.

Mr Timothy, who backed the Leave cause, used his column in the newspaper to claim that Best for Britain wanted to bring down Mrs May's government.

He wrote: "The objective is to convince MPs to vote against the deal Theresa May negotiates with Brussels, regardless of its content and despite the risk that doing so could mean Britain leaves the EU with no alternative agreement in place.

"Malloch-Brown and his backers believe that, if Parliament rejects the Brexit deal, the Government will fall, and Brexit can then be stopped."

But Lord Malloch-Brown, chairman of Best for Britain, said: "We think the British people deserve a final say on the Brexit deal and believe the country has been led down a dangerous false turn.

"This is a democratic and patriotic effort to recover our future and we welcome support for our efforts from many quarters."

George Soros defends £400,000 donation to anti-Brexit campaign ...

Billionaire Soros Vows to Spend Additional $138,300 on Anti-Brexit Campaign

MOSCOW (Sputnik) - Hungarian-US billionaire George Soros and his Open Society Foundations (OSF) are set to pledge a new donation of 100,000 pounds, or roughly $138,300, to the campaign to stop Brexit, according to media reports.

The latest pledge comes on top of 400,000 pounds that Soros had earlier decided to contribute to Best for Britain campaign, the Telegraph newspaper reported on Sunday.

The spokesperson of UK Prime Minister Theresa May said Thursday, in a comment on Soros' donation, that London's position on the withdrawal from the European Union would not change and there would be no second referendum.

The Hungarian-American billionaire Soros said that he was a “proud supporter” of Best for Britain, claiming that Brexit was a “lose-lose proposition” both for Britain and Europe. He also wrote for the Mail that before the referendum Britain had been doing better economically than the rest of Europe.

The United Kingdom is currently in talks with the bloc on the terms of its departure and is set to formally leave the European Union on March 29, 2019.

Billionaire Soros Vows to Spend Additional $138,300 on Anti-Brexit Campaign

The man is insane. He needs to leave the people alone. They voted, they decided, I think they decided right, and they need to move their Brexit along at the quickest possible pace and begin to enjoy the benefits of being free from that awful Globalist EU outfit.

The trouble-maker, George Soros, is at it again.