date:Nov 22, 2013
Chief of the Co-operative Group, Paul Flowers, resigned on Tuesday asallegations rose that he used illegal drugs.
The former Co-op chief is a Methodist preacher and was recently caught caught on film allegedly arranging to buy cocaine and crystal meth.
This scandal raised questions over governance standards and the ethical credentials of the mutually owned group. His behavior prompted calls for an inquiry into how he had been appointed chairman of a bank.
Prime minister David Cameron announce