Back in 2009 the Prime Mentalist gave a glowing endorsement for a newly set-up financial think tank called the International Centre for Financial Regulation:

“As the international community moves from crisis management to longer-term reform, The International Centre for Financial Regulation will help governments, regulators and firms across the world to learn from recent experiences and build a stronger global regulatory framework.”

Gordon was so impressed they were given millions in government grants. Fast forward five years and today one Charles Taylor, chief operating officer of the International Centre for Financial Regulation, appears in court charged with defrauding the think tank out of £589.705.45. And to top it all it’s gone bust as well…