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News and Comment April 2014

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12 April - You can bank on funny business at Bexley council

Malik MalikIt would appear that Bexley councillor Munir Malik has been thrown off the board of the Cooperative Bank for claiming to be an Accountant when he wasn’t or possibly he was at one time but was no longer after being declared bankrupt. It all seems rather murky at the moment but apparently he has been suspended by the Labour party too for bringing the party into disrepute.

Oh well. At least Munir may have some accountancy qualifications lurking away somewhere which is one up on the bank’s former chairman Paul Flowers who famously ran it with no monetary qualifications whatsoever.

Note: The Daily Mail Online later published a simple summary of events.

 

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