Co-op scandal: Labour's 'smear' response 'ludicrous'

The scandal surrounding the former Co-op Bank boss should be about how the bank was "led literally off the rails," Conservative party chairman Grant Shapps has said.

Paul Flowers was arrested last week after being filmed allegedly handing over money for cocaine.

On Labour's response to being asked what it knew about Mr Flowers, Mr Shapps said: "To be accused of smears for asking the questions is ludicrous."