Anti-Financial Crime & Financial Crime Compliance
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Financial Crime, Financial Services, Fraud, UK

NEWS: Former Co-operative bank chair faces criminal charges

By Alisha Houlihan for AMLi

A former chair of the Co-operative Bank in the UK faces several criminal charges, including fraud by abuse of power, one of the few cases in which a senior banker was prosecuted. 

Paul Flowers will appear before Manchester Magistrates’ Court on August 30. A spokesman for the Crown Prosecution Service confirmed the charge on Friday.

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