The Assistant Commissioner will face “questions” over his links with the newspaper's former deputy editor, Boris Johnson, the London Mayor said.
Just hours after Sir Paul Stephenson, the Metropolitan Police Commissioner resigned as Britain’s top policeman Mr Yates came come under pressure to explain his links to Mr Wallis.
On Monday, the BBC reported that Mr Yates was the official "tasked with carrying out due diligence before the Metropolitan Police awarded a contract to the firm" operated by Mr Wallis.
It was claimed that Mr Yates "received categorial assurances from (Mr) Wallis that nothing would emerge that would embarrass either of them or the commissioner".
Earlier, in a radio interview Mr Johnson suggested that Mr Yates, who is in charge of the Yard's anti-terror unit, will be investigated by the Metropolitan Police Authority amid calls for his resignation.
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