Lord Peter Mandelson has been released on bail after being arrested on suspicion of misconduct in public office.
The former Labour minister and US ambassador was detained by detectives on Monday evening.
He faces allegations of passing market-sensitive information to convicted financier Jeffrey Epstein while serving as business secretary during the aftermath of the global financial crisis. Mandelson denies any wrongdoing.
Police Confirm Peter Mandelson Bail Release Amid Ongoing Investigation
In a statement issued shortly after 2am on Tuesday, a spokesperson for the Metropolitan Police said: “A 72-year-old man arrested on suspicion of misconduct in public office has been released on bail pending further investigation.
“He was arrested at an address in Camden on Monday, 23 February and was taken to a London police station for interview.
“This follows search warrants at two addresses in the Wiltshire and Camden areas.
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“We are not able to provide further information at this stage to prevent prejudicing the integrity of the investigation.”
Television footage on Monday showed a plain-clothed officer escorting Lord Mandelson from his home before he entered the rear of an unmarked police vehicle.
Diplomatic Fallout After Epstein Document Release
Mandelson was dismissed as the UK’s ambassador to Washington last September — seven months after being appointed by Prime Minister Keir Starmer — following renewed scrutiny of his links to Epstein.
The latest allegations emerged after millions of Epstein-related documents were released by the US Department of Justice last month.
Earlier in February, the controversy also prompted the resignation of No.10 chief of staff Morgan McSweeney, who said he was taking responsibility for advising the Prime Minister to appoint Mandelson to the diplomatic post.
House Of Lords Exit And Related Arrest
Mandelson has also stepped down from his seat in the House of Lords, although he continues to hold his peerage title.
His arrest comes days after Andrew Mountbatten-Windsor, another former Epstein associate, was detained over separate allegations of misconduct in public office linked to his time as a UK trade envoy.
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