Paul Flowers, the former Co-operative Bank chairman, local councillor and a sometime-but-not-right-now Methodist minister, has a bit more explaining to do about the crystal meth, crack and ketamine he bought to deal with the shame of having to explain to Parliament how the storied bank got run into the ground under his watch.
Paul Flowers, the former chairman of Co-Operative Bank Plc, was arrested as part of a drug investigation after he was filmed buying crack cocaine by a U.K. newspaper, a person with knowledge of the matter said.
Flowers, 63, was arrested yesterday, said the person, who asked not to be identified because the investigation was confidential. West Yorkshire Police said in a statement that a 63-year-old man had been detained in a “drugs-supply investigation….”
“This year has been incredibly difficult, with a death in the family and the pressures of my role with the Co-Operative Bank,” Flowers said in a Nov. 17 statement. “At the lowest point in this terrible period, I did things that were stupid and wrong. I am sorry for this, and I am seeking professional help, and apologize to all I have hurt or failed by my actions.”