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Media captionArron Banks giggles off the idea he is an “evil genius with a white cat controlling the whole of western democracy”

Arron Banks has told MPs probing “fake news” his Brexit campaign had sometimes “led people up the garden path”.

But he said politicians were also guilty of spin and claimed Parliament was the “biggest source of fake news”.

The tycoon, who spend more than PS6m on Leave.EU, said he had faced “absurd” claims of Russian conspiracies.

Media committee chairman Damian Collins said it was “difficult to know” whether to take his evidence – and that of colleague Andy Wigmore – seriously.

Leave.EU donor ‘must explain Russia link' Arron Banks refuses to appear before MPs Facebook: Russian Brexit meddling ‘minimal' Bristol-based insurance tycoon who was a Lloyd's underwriter before the commencement of his own firms One of the most important one political donors in UK history, thought to have given up to PS9. 6m to Leave.EU and UKIP Born in Cheshire, the twice married father-of-five was a close friend and advocate of Nigel Farage A Conservative supporter until 2014 when he defected to UKIP, dedicating them PS1m His Leave.EU campaign targeted its message at working class voters angry about EU immigration Image caption Former UKIP leader Nigel Farage spoke at a Trump campaign rally in August 2016 Image caption Mr Collins and his committee is looking into fake news in elections