British Christian website Premier reports:

A well known Pentecostal church leader has resigned after admitting he's had an affair.

...In a statement Bishop Reid said:

"It is with great sorrow and regret that I have resigned from the church board and have stepped down from official duties. I confess that I have sinned by committing adultery. I recognize that I have failed in my duties and acted in a way that harmed the Church. I take full responsibility for my actions and so I resigned. I apologize to my wife and family and all of you whose trust I have betrayed and ask for your forgiveness and prayers."

The websites of Michael Reid Ministries and of the Christian Congress for Traditional Values are both currently down, replaced by a brief contacts page.

Reid has been a controversial figure for some years: ex-members of his church have complained of authoritarianism (although be careful: he's been known to sue over the "cult" label), and in the 1990s his church tried to derail a critical television documentary through a bizarre scheme which involved hiring an actor to approach the documentary-makers with the story that he (the actor) was an intelligence agent and that the programme should not be made for reasons of national security (I blogged on this here). A few years after that, there was further bad publicity when members of the church were accused of joining the local Conservative Party en masse in order to back the local MP, Eric Pickles, against rivals in the party (Pickles is a former Tory centrist "wet" who moved to the right during the 1980s).

A British anti-censorship blog, MediaWatchWatch, recalls that

The CCTV has been providing us here at MWW with pleasingly whacky Christian fodder since its inception in March 2005. But they really showed their hateful side with their Gay Aim: Abolish the Family campaign which included posters and a video.

Thanks to Google Books, we're able to see these pictures from Reid's book Faith: It's God Given (2002):

Reid's admission is another blow to the International Communion of Charismatic Churches; former presiding Bishop Earl Paulk was last year engulfed in numerous sex scandals, including allegations of sexual abuse. Richard Roberts, meanwhile, was recently forced to resign from the presidency of Oral Roberts University over claims of financial mismanagement.

(Thank you to Michael Reid Miseries for the tip-off)