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Home-Economy & Business-Met Chief Confirms: Mandelson’s Bailout Email Under the Microscope
Economy & Business

Met Chief Confirms: Mandelson’s Bailout Email Under the Microscope

ByAdmin19/03/2026No Comments3 Mins Read
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Mandelson probe looking at euro bailout email, says Met Police chief
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Access the Editor’s Digest at no cost

Roula Khalaf, the FT’s Editor, curates her top articles for this weekly bulletin.

A message regarding a €500bn euro rescue package in 2010, which Lord Peter Mandelson dispatched to Jeffrey Epstein, is now part of the inquiry into the former Labour cabinet minister, as stated by the chief of the Metropolitan Police. 

Sir Mark Rowley informedABC Newsduring a visit to the US that this particular correspondence indicated a “potential criminal offence”. 

Lord Mandelson was granted provisional release in February after being apprehended on suspicion of improper conduct in public office. 

Mandelson has asserted innocence regarding any unlawful actions and maintained he never sought personal benefit. He is no longer subject to police bond but has been discharged pending further inquiry.

Files made public earlier this year by the Department of Justice, as part of a collection of records pertaining to Epstein, featured a message dispatched by Mandelson to the American paedophile financier while he was serving as a cabinet minister.

During May 2010, the EU was formulating a €500bn rescue package designed to safeguard the euro, following the global financial crisis. 

Epstein queried Mandelson on Sunday, May 9, 2010, to confirm if reports of a €500bn euro rescue operation being “almost complete” were accurate. Mandelson responded swiftly, stating: “Sd be announced tonight.” The following morning, European governments sanctioned an agreement after eleven hours of discussions, aiming to avert the single currency’s disintegration amidst default anxieties stemming from the financial crisis.

Rowley informed ABC: “Concerning Peter Mandelson, the ex-envoy, there exists a specific message related to the rescue effort after the economic downturn . . . It appears to have been disclosed to Epstein, prompting our examination of whether it constitutes a criminal act.”

The top law enforcement official is currently visiting the United States to implore the Department of Justice to disclose uncensored Epstein documents, which Rowley deems requisite for building a strong prosecution in the UK. 

“Certainly, a substantial amount of that proof resides . . . in the United States within those files, and eventually we will require the uncensored evidence,” Rowley stated. “We need the primary document and its provenance, which will be critical for progression to court cases.”

Rowley further mentioned that the Met was evaluating an array of sexual claims concerning Andrew Mountbatten-Windsor to ascertain whether they “merit a legal inquiry”. 

Rowley added that Thames Valley Police, a distinct police agency, was examining “additional records that Andrew Mountbatten-Windsor possibly disclosed” to Epstein. 

The previous month, Mountbatten-Windsor was detained for alleged official malfeasance concerning his personal connections with Epstein. The ex-royal has refuted any misdeeds, and no indictments have been filed. 

Records disclosed by the US Justice Department indicated that Mountbatten-Windsor, during a 2010 diplomatic trip, advised the external affairs minister of the United Arab Emirates to collaborate with Epstein. These records further unveiled that Mountbatten-Windsor dispatched diverse papers pertaining to his function as British trade envoy to the financier.

Epstein was incarcerated in 2008 for procuring sexual services from a minor aged 14. In 2019, he was discovered deceased within a prison cell prior to judicial proceedings over fresh accusations of juvenile sex trafficking.

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