Paul Flowers Arrested

November 22, 2013 by  

Paul Flowers Arrested, The former chairman of the Co-op Bank has been arrested in Merseyside in connection with a “drugs supply investigation”.

Paul Flowers, 63, was filmed allegedly handing over £300 for cocaine and discussing buying other illegal drugs.

Following the revelations he was suspended from both the Methodist Church, where he was a minister in Bradford, and the Labour Party.

The chancellor is expected to confirm an independent inquiry into Mr Flowers.

He left his position as deputy chairman of the Co-op Group in June.

In a statement, West Yorkshire Police said: “Officers have… arrested a 63-year-old man in the Merseyside area in connection with an ongoing drugs supply investigation.

“He has been taken to a police station in West Yorkshire where detectives will continue their enquiries.”

Payments stopped
The BBC has learned that Mr Flowers resigned from the Co-op Group amid concerns about his expenses.

Our business editor Robert Peston says he stepped down after being confronted with a dossier of his “lavish claims”, compiled by the then chairman Len Wardle.

The bank is hoping to recoup money from Mr Flowers
Separately, he was forced out of the Co-op’s banking arm because of doubts about his competence for the job.

The bank is seeking to recover money paid to its former chairman who has been told to hand back £31,000.

“When Paul Flowers relinquished his responsibilities in June, it was agreed, as per his contractual obligations, that his fees for the rest of his period of office would be paid,” it said in a statement.

“Following recent revelations, the board stopped all payments with immediate effect and no further payments will be made.”

The Co-op is also looking at emails and other evidence as part of an “internal fact-finding review”.

‘Unjustified smears’
Since the Mail on Sunday published a video of Mr Flowers allegedly paying for and discussing recreational drugs, Labour have sought to distance themselves from the Methodist minister as a political row has developed over how he was allowed to reach a high position in the bank.

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