Flowers admits drug possession

Written By Unknown on Rabu, 07 Mei 2014 | 16.50

7 May 2014 Last updated at 10:40
Paul Flowers

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Paul Flowers found the court locked as he arrived for the hearing

Former Co-op Bank boss Paul Flowers has pleaded guilty to drug possession, at Leeds Magistrates' Court.

Mr Flowers, 63, was arrested last November after newspaper allegations he had been involved in a drug deal.

The suspended Methodist minister had stepped down from the Co-op six months earlier over concerns about expenses.

He was fined £400 and ordered to pay £125 in costs after pleading guilty to charges of possessing cocaine, methamphetamine and ketamine.

Mr Flowers previously served as a Labour councillor in Bradford and on an informal board advising Labour leader Ed Miliband on banking.

He was suspended by the Labour Party and the Methodist Church and faces a disciplinary procedure by the Church.

His appointment as Co-op Bank chairman in April 2010 was widely criticised because of his inexperience in banking.

In May last year, the Co-op Bank was found to have a £1.5bn black hole in its finances.

Mr Flowers stepped down the following month.

Mr Flowers is also a former trustee of the drugs charity Lifeline, from which he resigned in 2004 after allegedly filing false expense claims.


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