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Mandelson should lose pension if he broke EU rules in Epstein scandal, campaigners say 

BRUSSELS — Disgraced British politician Peter Mandelson is facing demands to be stripped of his pension as a former European commissioner if investigators found he broke EU rules over his contact with convicted sex offender Jeffrey Epstein. 

Mandelson served as a European commissioner between 2004 and 2008 and is now at the center of a spiraling scandal in Britain. Newly released files showed how Mandelson, who was a senior British minister at the time, helped provide Epstein, then a financier, with information about a €500 billion bailout to save the euro in 2010. 

The European Commission is looking into whether Mandelson broke its rules, which apply even after commissioners have left office, though ethics campaigners have called for a full fraud inquiry by independent investigators. Mandelson should lose the commissioner’s pension to which he is entitled if he’s found to have breached the rules, the campaigners said. 

“Given the severity of allegations concerning Peter Mandelson’s deplorable relationship with Jeffrey Epstein, the European Commission and European Anti-Fraud Office must pursue an immediate investigation to establish any potential misconduct both during and beyond his tenure as European Commissioner,” Nick Aiossa, director at Transparency International, a leading anti-corruption campaign group, told POLITICO. “Should it do so, Mandelson must be stripped of his Commissioner’s pension.”

Daniel Freund, a Green MEP from Germany, condemned the lack of action and investigations against “the most powerful people on earth” over their links to the disgraced financier. “That EU commissioners were somehow involved with this universe is just outrageous,” he told POLITICO. “Taking away the pension would be justified if he broke any EU rules.”

Mandelson, 72, was entitled to an inflation-linked pension reportedly worth £31,000 a year when he turned 65 for his four years as a European commissioner. This is on top of other any pensions from his time as an elected politician in the U.K. and in other roles.

Mandelson did not immediately respond to a request for comment. He has previously said he was wrong to have continued his association with Epstein and apologized “unequivocally” to Epstein’s victims.

In a statement, the EU’s anti-fraud office, known as OLAF, said: “We cannot provide details regarding cases which OLAF may or may not be treating. This is to protect the confidentiality of any possible investigations and of possible ensuing judicial proceedings, as well as to ensure respect for personal data and procedural rights.”

In London, Britain’s Health Secretary Wes Streeting said Mandelson should lose the severance payment he was entitled to when his career as U.K. ambassador to the United States ended over the Epstein scandal. Speaking to Times Radio, Streeting also suggested Mandelson could potentially be stripped of related pension entitlements.

The opposition Reform UK party said Mandelson should lose the pension he’s entitled to receive as a former government minister.

Noah Keate contributed to this report.

LP Staff Writers

Writers at Lord’s Press come from a range of professional backgrounds, including history, diplomacy, heraldry, and public administration. Many publish anonymously or under initials—a practice that reflects the publication’s long-standing emphasis on discretion and editorial objectivity. While they bring expertise in European nobility, protocol, and archival research, their role is not to opine, but to document. Their focus remains on accuracy, historical integrity, and the preservation of events and individuals whose significance might otherwise go unrecorded.

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