London MEP hits back at Juncker on Brexit: 'EU could actually owe us money'

Brexit: 'The European Investment Bank could owe us money,' says MEP Syed Kamall in response to Jean-Claude Juncker's claims

Syed Kamall responded to Jean-Claude Juncker's claims to the BBC

Friday, March 24, 2017

The MEP for London has dismissed Jean-Claude Juncker's comments on Britain's Brexit 'divorce bill' - saying the EU could actually owe the UK money.

In an interview with the BBC, Juncker called Brexit a "tragedy and a failure", and reiterated that Britain will be forced to pay money to Brussels when the severance process is complete.

He elaborated on the reported exit fee, explaining it was to cover for the UK's liability in EU projects, and said it would be around £50bn. 

Syed Kamall, a Tory Brexiteer MEP for London, called this "tough talk" in an interview with Julia Hartley-Brewer. 

He said: "It’s all tough talk, plucking numbers out of the air. When you join a club, you pay a membership fee. If you leave the club, you don’t pay the fee.

“Both lawyers for Britain and the House of Lords committee have said we have no liabilities and owe nothing legally once we have left.

"What’s interesting is we have an investment in the European Investment Bank, and they could owe us money.

"We’re squared off against each other, the real negotiations will start when article 50 is triggered. But on the whole, people want a positive mood about them."

Listen above.