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By Kate Holton and Belinda Goldsmith LONDON (Reuters) - Britain's troubled Co-operative Group named ex-Treasury minister Paul Myners to its board on Thursday on a token salary of just one pound to help review the running of the customer-owned retail-to-funerals operator. The Co-op has been rocked in recent months after the former chairman of its bank arm Paul Flowers was arrested as part of an investigation into the supply of illegal drugs. Chancellor George Osborne has ordered an inquiry into Co-op Bank and Prime Minister David Cameron has questioned why Flowers, a one-time local Labour politician and Methodist preacher with no banking qualifications, was judged suitable for the chairmanship during a period when the bank nearly collapsed. Myners, 65, was previously Financial Services Minister in the Treasury and has been chairman of retailer Marks & Spencer, Guardian Media Group and Land Securities.