Reports in the Sunday Times claimed Banks held a series of undisclosed meetings with Russian embassy officials around the time of the 2016 referendum campaign.
MPs repeatedly questioned Banks, an insurance entrepreneur, about the sources of his money, prompting Banks to deny any of his wealth that he used to pump at least £9m of loans and donations to the Brexit campaign was from Russian Federation.
But he abruptly left the hearing after more than two and half hours, saying it had over-run and he had another appointment.
The allegations prompted Labour MP Stephen Kinnock to announce that he will ask the police to launch a criminal investigation into links between Mr Banks and Russian Federation. I get the point that if the Russian ambassador asks you round for a drink you go, but this relationship went on for quite some time.
The businessman sat alongside Leave.EU communications chief Andy Wigmore as they joined Nigel Farage for an exclusive LBC interview. "We'll be in the House of Commons' bar".
The head of the parliamentary inquiry into "fake news", Conservative MP Damian Collins, said the report raised serious questions about Russian interference in United Kingdom politics. He added: "I have no business in Russian Federation, I have done no business deals in Russian Federation". You may have better intel than me. Mr Banks has said he will appeal against the ruling.
Arron Banks, who helped fund the Leave.EU Brexit campaign, will face MPs' questions on Tuesday about claims linking him to Russian officials.
The paper said it had seen emails showing he also discussed a potential business deal involving six Russian gold mines with ambassador Alexander Yakovenko after being introduced to him by a suspected Russian spy.
"Was that money made used in political campaigning? The ambassador was probably in a worse state than we were", he said.
"I'm not going to be lectured about my business interests".
Mr Banks joked that he was portrayed as an "evil genius with a white cat that controls the whole of western democracy".
The watchdog said the group - which was separate from the official pro-Brexit group Vote Leave - failed to report "at least" £77,380 it spent.
Setting out the campaign's approach, Mr Banks said: "We were not above using alternative methods to punch home our message or lead people up the garden path if we had to".
"Where's the evidence we took Russian money?"
Mr Banks said he first met the Russian ambassador over a "boozy lunch".
He said: "I was trying to find investors to look at perhaps buying a banana farm which had got into trouble because of its owner. and as a outcome Belize couldn't sell its bananas in places like the United States or the United Kingdom".
Asked if there was any Russian money given to Leave.EU, Mr Wigmore insisted: "No, not one penny or one rouble".
Iran and Hezbollah have been widely seen as instrumental to bolstering the success of Assad's forces throughout the war. The objective of Western nations' intervention in Syria, "the main goal", Al-Assad explained, "is regime change".
He is the priciest of the three, commanding 29 percent of the Celtics salary cap this year with a figure of $31.2 million. Hayward joins a mix of emerging stars (Jayson Tatum and Jaylen Brown ) along with veterans (Irving, Al Horford ).
President Donald Trump and North Korean leader Kim Jong Un shared a historic handshake as they met for the first time. Donald Trump also said Kim Jong Un has accepted his invitation to visit the White House sometime in the future.
Trump and Trudeau have been engaged in a war of words over trade since the weekend's Group of Seven economic summit. But, not surprisingly, the Twitterverse blew up with people curious about what De Niro had uttered.
Lara is shown taking out an enemy in the midst of rope swinging, which shows off just how sneaky she'll have to be to survive. Is the Kingdom Hearts trailer enough to keep you going? We'll find out more about the game this August.
They also scored 36 goals, and their form means they are one of the favourites ahead of the tournament in Russian Federation . It remains to be seen if he will head to Real as a World Cup victor , though Spain's squad is stocked with exciting talent.
In top importer China, overseas crude purchases remain above 9 million bpd, despite a recent dip away from records. On the New York Mercantile Exchange, West Texas Intermediate futures edged up 0.17% to $66.21 a barrel.
American National Security Advisor John Bolton, however, offered a different interpretation of the photograph. Trump said at a press conference in Singapore . "Ask this great lady".
Mets release Adrian Gonzalez, recall Dominic Smith
He slimmed down over the winter and came to spring training this year with a chance to compete for the starting job at first base. In another move, the Mets designated catcher Jose Lobaton for assignment and called up utilityman Ty Kelly from Triple-A as well.
God of War is Getting a New Game Plus Mode
Such is the quality of the experience, owners have been demanding more from Sony, with the number one request being New Game+. However, Sony did say that New Game+ will provide a higher difficulty to not make it a complete cakewalk.
Vivo's concept Apex is real and it could be your Nex phone
No word on global availability - the press release just says that it will be available in China but we knew that from the start. Vivo has also incorporated the fingerprint sensor in the display, much like the Vivo X21 , that was launched in India recently.
We Happy Few To Come Out August 10, 2018
It is, of course, notable that both " Sea of Thieves " and " State of Decay 2" are inherently shareable games. Like Netflix, Microsoft funds development of its own content.
Uber launches Uber Lite, a 5MB app for India
Like the regular Uber app, Uber Lite will be able to surface smarter recommendations over time as it learns your usage habits. Dubbed Uber Lite, the app comes in at just 5MB, and is designed primarily to run on low-end hardware and 2G networks.
Real Madrid 'preparing £150m bid' for Manchester United target
Jose Mourinho is expected to sign another midfielder this summer despite agreeing a deal for Shakhtar star Fred earlier this week. Nonetheless, United could also be delay by the Serbia worldwide's price, with Lazio setting an asking value of £87.5million.