Labour’s Dark Lord now faces a criminal inquiry: Mandelson is reported to the police after Epstein files reveal he gave ‘market sensitive’ No 10 emails to paedophile financier friend

Peter Mandelson was facing a police investigation tonight after being accused of leaking ‘market sensitive’ information to Jeffrey Epstein while in government.

Scotland Yard is examining allegations that New Labor’s architect passed on highly sensitive advice to then-Prime Minister Gordon Brown.

The email, sent at the height of the financial crisis in 2009, was branded a ‘treason’ on Monday and sparked angry calls for an investigation.

The Metropolitan Police received guidance from both Reform UK and the SNP asking detectives to investigate the colleague, who left Labor on Sunday, to avoid causing ‘further embarrassment’.

In another email, part of three million documents released by the US Department of Justice on Friday, Lord Mandelson appeared to give Epstein advance notice of a €500bn bailout of the Eurozone, potentially allowing the pedophile financier to cash in before the deal was officially announced the next day.

And Mandelson, who now faces calls to quit the Lords, also tipped off his friend the night before Mr Brown resigned from No 10.

In an interview published on Monday, Lord Mandelson claimed he had ‘too much trust’ in Epstein and described him as ‘scum you can’t take your shoes off… Like dog shit, the smell never goes away’.

But he made clear he had no intention of disappearing from public life, telling The Times: ‘Hiding under a rock would be a disproportionate response to a handful of misguided historical emails that I regret sending.’

The documents released include an Epstein bank statement with a $25,000 transfer to Peter Mandelson; but the colleague says he does not remember receiving the money and believes it is fake

A photo released as part of the Epstein files shows Lord Mandelson talking to a woman wearing a white bathrobe.

And while he refused to give evidence to the US Congressional inquiry, he said none of the Epstein files ‘show any wrongdoing or wrongdoing on my part’.

Catherine MacLeod, who served as special adviser to then-Chancellor Alastair Darling, said in a Radio 4 interview that the leak of confidential Treasury emails to Jeffrey Epstein during the financial crisis was a “betrayal”.

Reform said it was “absolutely clear” that Lord Mandelson had “abused his position in office” and called on police to “investigate these shocking revelations”.

Meanwhile, Stephen Flynn, the SNP leader in Westminster, said in a letter to Met Commissioner Sir Mark Rowley that Lord Mandelson’s tenure in the Government ‘must now be criminally investigated’.

The Met tonight confirmed it had received reports of allegations of misconduct in public office and said detectives were reviewing them to “determine whether they meet the criminal threshold for investigation”.

Earlier in the day, Gordon Brown said: ‘I asked the Cabinet Secretary to investigate the disclosure of confidential and market-sensitive information from the then Department for Business during the global financial crisis.’

He also revealed that last September 10, the day Sir Keir Starmer said he ‘trusted’ Lord Mandelson as the Epstein scandal emerged once again, he wrote to the Cabinet Secretary calling for an investigation into the peer, but was told no record could be found.

New material shows emails were forwarded to Epstein by Lord Mandelson; In these emails, key Downing Street aides and ministers discussed a proposed £20bn asset sale to support the country and laid out Labour’s tax policy plans.

This information would be valuable to any bank or financial institution. The document was forwarded to Epstein by Lord Mandelson with the following comment: ‘Interesting note sent to the Prime Minister.’

The documents include an email that appears to have been sent from Lord Mandelson to Epstein, mentioning that the UK government has ‘sellable’ assets

The 2009 declaration emphasized that the government was seeking to mobilize investment

The statement made clear that the government planned to sell assets to avoid tax increases

Epstein “What can be sold?” he replied [sic] entities?’ Lord Mandelson replied: ‘Land, property, I suppose.’ Four months later the government announced it would sell £16bn of assets.

Meanwhile, a series of emails have emerged showing that Epstein used Lord Mandelson to arrange private tours of No10, including for his goddaughter.

In July 2009, Epstein emailed Lord Mandelson: ‘My goddaughter will be in London Wednesday and Thursday [sic] ‘What can we do next week to make this a very special trip?’

Lord Mandelson ‘how old is he?’ ‘ he asked, and Epstein said: ’15… House of Lords, Number 10, for ten minutes only. [sic].’ Lord Mandelson replied: ‘Everything is fine.’

It comes after bank statements emerged suggesting Epstein made payments worth $75,000 (£55,000) into accounts linked to Lord Mandelson between 2003 and 2004.

Separate emails between the two show that Epstein wired $10,000 to Lord Mandelson’s current husband, Reinaldo Avila da Silva, in 2009.

Three months later Lord Mandelson, then business secretary, was lobbying ministers on Epstein’s behalf over a proposed tax on bankers’ bonuses.

A few months earlier, in July 2009, Epstein was released from prison after serving 13 months for molesting a minor.

Lord Mandelson was dismissed as Britain’s ambassador to the United States in September after e-mails with Epstein in which he told the pedophile to ‘fight for early release’ were made public.