Arron Banks claims Noel Edmonds owes his company £1.3m following Lloyds dispute

Arron Banks has allegedly become embroiled in a row with TV presenter Noel Edmonds over claims that he is owed £1.3 million, and has reportedly deployed satellites and private investigators to locate the TV personality. Mr Edmonds – who is best known as the presenter of the Channel 4 game show Deal or No Deal – is accused by Mr Banks of moving to New Zealand to avoid paying. Mr Banks, who bankrolled Nigel Farage’s Brexit campaign and co-founded Leave.EU campaign in 2015, is reportedly “fuming”, claiming that the presenter owes him the money as a result of his high-profile battle to recover millions of pounds from Lloyds Banking Group lost as part of an unrelated fraud. The Mail on Sunday reported that Mr Banks has used private investigators and satellite technology to track down Mr Edmonds to a "hideout" in New Zealand, where he plans to serve legal papers to recover a total of £1,344,000. Mr Edmonds covered his legal costs by taking out an insurance policy from the Legal Protection Group – wholly owned by Mr Banks. A fee for the policy was allegedly due when he reached a settlement with the bank. The newspaper quoted Mr Banks as saying: “I'm fuming. Mr Edmonds has run off to a lush part of New Zealand with my money...

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