- Magistrates declare MEP bankrupt at county court hearing
- Party leader owed £120,000 to former solicitors after legal wrangle
- Griffin adamant it won't prevent him standing for re-election
- He describes it as a 'good day' as he is 'free from his financial worries'
British National Party leader Nick Griffin was declared bankrupt in court yesterday. The bankruptcy of the Member of European Parliament was confirmed at Welshpool and Newtown County Court, after he reportedly racked up debts of £120,000 with his former solicitors. He has said it will not affect his role as an MEP, and claimed on Twitter that it was a 'good day' as being declared bankrupt meant he was 'free ... from financial worries'. He said: 'A note for all: Being bankrupt does NOT prevent me being or standing as an MEP. It does free me from financial worries. A good day! 'Party funds are not affected in any way. Our campaign in May will be our most professional yet & I will be lead candidate in the North West. 'I am now turning the experience to the benefit of hard-up constituents by producing a booklet on dealing with debt. No surrender!'........Read more here