One of Brexit’s biggest bankrollers is now involved in a new money-spinning exercise – attempting to profit from coronavirus.

According to the Telegraph, Arron Banks is attempting to take over an iodine producer and sell its produce as a disinfectant to those concerned about the coronavirus outbreak.

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In a statement, Banks – who is a majority shareholder of Iofina – said its products are “a low tech solution with a proven track record” and that the business should target people worried about suffering from viruses.

“Iodine is a low-cost option for handwash and disinfectant that kills all versions of the flu virus, it is suitable for distribution on a worldwide basis. “Existing alcohol based handwash products produced in China are not fully effective against the virus. “Given that there are already shortages of sanitising disinfectants, which are not as effective as iodine-based disinfectants, the US and UK Governments should immediately team up with companies that produce these products and make them available to the world.”

This comes amid growing concern about the worldwide spread of coronavirus, which has claimed 3,000 lives and infected 86,000 people. Official guidance recommends using sanitiser gel, like those made with iodine, to avoid the spread of the disease.

So Banks, a millionaire who bankrolled the Leave.EU referendum campaign, wants to use a pandemic to line his pockets further.

Given the company’s financial difficulties, he has proposed firing the existing directors and appointing three new ones to takeover the firm – with two of the new directors being himself and his brother, John Banks.

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