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Ex-Co-Op Bank Chairman Charged With Cocaine Possession
Paul Flowers, the former chairman of Co-Operative Bank Plc, was charged with possession of cocaine, crystal meth and ketamine, almost a month after the lender said it would post a full-year loss of as much as 1.3 billion pounds ($2.2 billion). Flowers, 63, is scheduled to appear at a criminal court in Leeds, England, on May 7 to face the charges, the U.K. Crown Prosecution Service said in a statement today. Flowers, who was arrested in November as part of a drug investigation after he was filmed buying crack cocaine by a U.K. newspaper, was released on bail, West Yorkshire Police said in a statement. “I have ... (full story)