Arron Banks has joined forces with Cameron's former policy adviser to unseat Remainers
Arron Banks told the Telegraph about his “drain the swamp” strategy in which he plans to get rid of the “bad MPs”.
In May, the businessman said he will unveil his plans to help fund selected independent candidates to stand against MPs he feels have failed their constituents.
Mr Banks said he has already held talks with David Cameron's former policy adviser, Steve Hilten, who launched his own campaign to fund independents last summer.
Mr Hilton’s Crowdpac funding campaign aimed to “help more independent – and independent-minded – people stand for office”, the newspaper reported.
The former Ukip donor and the former Tory adviser met at a Washington party held for Nigel Farage, the night before President Trump’s inauguration two months ago.
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Remainers are finding it hard to accept Brexit.
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Mr Banks has branded their new group as the Patriotic Alliance movement which will focus on Remain-supporting MPs in areas that voted for Leave.
Andy Wigmore, an adviser to Mr Banks, said the alliance has identified 103 MPs whom are considered as unfit for their purpose.
Arron Banks has been UKIP's largest ever donor
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The news follows Mr Bank’s demands for Ukip to pay him £200,000 for a call centre he provided free of charge, after his party membership lapsed.
Mr Banks' relationship with Ukip has notably dwindled as he threatened to quit and invest his millions in a new, rival political movement that will “destroy” Ukip after the Stoke-on-Trent by-election.
The businessman blasted Paul Nuttall and said the party was being run like a “jumble sale”.