British police arrest former co-op bank chairman in drugs investigation

Reuters

LONDON, Nov 22 (Reuters) - British police have arrested theformer chairman of the Co-operative bank as part of aninvestigation into the supply of illegal drugs after a newspaperpublished a video apparently showing the man arranging to buycrack cocaine and crystal meth.

Prime Minister David Cameron has questioned why PaulFlowers, a one-time local Labour politician and Methodistpreacher with no banking qualifications, was judged suitable forthe role of chairman of the bank.

Police said a 63-year-old man was arrested in the Merseysidearea of northern England late on Thursday.

"He has been taken to a police station in West Yorkshirewhere detectives will continue their enquiries," police said ina statement.

Flowers, 63, has not directly addressed the allegations ofdrug use, though he said in a statement on Sunday that he hashad a difficult year and apologised for doing sometimes stupidthings.

He could not be immediately reached for comment on Friday.

Rates

View Comments (0)