British police have arrested the former chairman of the Co-operative Bank as part of an investigation into the supply of illegal drugs after a newspaper published a video apparently showing the man arranging to buy crack cocaine and crystal meth. Prime Minister David Cameron has questioned why Paul Flowers, a one-time local Labour politician and Methodist preacher with no banking qualifications, was judged suitable for the role of chairman of the bank. "He has been taken to a police station in West Yorkshire where detectives will continue their enquiries," police said in a statement. Revelations about Flowers' lifestyle have ratcheted up the pressure on the Co-op which promotes itself as an ethical alternative to the biggest banks and has prompted angry clashes in parliament over why regulators approved his appointment.
via Health News Headlines - Yahoo! News http://news.yahoo.com/british-police-arrest-former-co-op-bank-chairman-073918910--sector.html
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