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The newspaper proprietor Richard Desmond was “furious” after part of his £1 million donation to Ukip was allegedly used to pay back a six-figure loan from another wealthy individual.
Senior party sources claimed yesterday that before the general election in May, Andrew Reid, the party’s then treasurer, called in a loan of about £200,000 that he had made to Ukip, subsequently repaid to him by the party.
The decision, made after Mr Desmond, owner of the Express titles, pledged the seven-figure sum, left him “unimpressed”, according to party figures. Mr Reid, a millionaire solicitor who has stepped down