LONDON: Prime Minister David Cameron promised an inquiry into how the Co-operative Bank had been "driven into the wall" by former chairman Paul Flowers and asked why alarm bells over his behaviour hadn't rung earlier.
Flowers, a one-time local Labour politician and Methodist preacher with no banking qualifications, oversaw the Co-op's near-collapse during his tenure as chairman from 2010 to June. Video of him allegedly arranging to buy illegal drugs was exposed by a newspaper at the weekend.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
