Former Labour cabinet minister was a trade commissioner in Brussels between 2004 and 2008
February 26, 2026
European Commission Calls for Investigation into Mandelson’s Tenure
The European Commission has requested the European Anti-Fraud Office (OLAF) to initiate an inquiry into Lord Peter Mandelson’s activities during his tenure as the European Trade Commissioner. This request follows the release of documents related to Jeffrey Epstein, which have raised questions about Mandelson’s conduct.
Allegations Spark Controversy and Legal Scrutiny
The call for investigation comes in the wake of Lord Mandelson’s arrest in London. The former Labour peer is suspected of misconduct in public office, amidst allegations that he leaked confidential government information to Epstein, a known financier involved in criminal activities.
Mandelson’s legal team has refuted the claims, describing the arrest as a result of unfounded rumors suggesting he was planning to flee the country. Despite these denials, the UK authorities are actively investigating Mandelson’s interactions with Epstein during his tenure as Business Secretary under Prime Minister Gordon Brown.
Epstein Files Reveal Potential Breach
The controversy intensified following the publication of Epstein files, which include communications that appear to implicate Lord Mandelson in prematurely confirming a substantial €500 billion bailout plan for the Euro. An email exchange suggests Epstein was informed by Mandelson about the bailout announcement, which was expected to be made public on the same day.
A spokesperson for the European Commission noted, “In light of new information, we are evaluating whether there have been any breaches of official obligations. Consequently, we have involved OLAF to conduct a thorough examination.”
Official Responses and Next Steps
OLAF has acknowledged the Commission’s request to investigate but has yet to determine whether a formal investigation will be launched. The situation remains under review, with officials withholding further comments until assessments are complete.
Government Stance on Security and Transparency
In parallel, the UK government has confirmed that the Prime Minister lacks the authority to override the Intelligence and Security Committee (ISC) regarding the release of documents related to Mandelson’s appointment as ambassador to Washington. The ISC has been assured it will have the final decision on document disclosures, some of which may be restricted on national security grounds.
Although Lord Mandelson has publicly denied any wrongdoing, the situation continues to develop as authorities and agencies scrutinize the available evidence.
As this investigation unfolds, it underscores the complex interplay between political accountability and international financial dealings, highlighting the need for transparency and strict adherence to ethical standards in public office.
Originally reported by independent.co.uk. Rewritten by 360DailyTrend editorial staff.
