City trader 'suspended for stealing food from staff canteen

Tuesday 04th February 2020 14:42 EST
 

According to the Financial Times a high-flying Citigroup bond trader has been suspended from the US investment bank following claims he stole food from the office canteen. Paras Shah is accused of helping himself to food without paying at the company's European headquarters in London's Canary Wharf. The 31-year-old reportedly left his post as Citi's head of high-yield bond trading for Europe, the Middle East and Africa over the alleged theft last month. Shah joined Citi just over two years ago from HSBC and his job involved trading junk bonds - risky company debt. According to employee review website Glassdoor, the average salary for a credit trader is £183,740 - but Mr Shah is likely to have earned more given his senior role at Citi. Accroding to media reports a similar position at other banks could command a salary of more than £1m a year. His suspension reportedly comes weeks before senior staff at Citi were due to be paid bonuses.

Jagtar Singh Johal's wife Gurpreet faces visa battle whilst husband remains in Indian prison

According to The National, a Scottish newspaper, Gurpreet - the wife of Scotish man Jagtar Singh Johal (pictured) - has been refused the right to stay in Scotland with her in-laws whilst her husband is imprisoned in India for two years without trial or charges. According to the newspaper Gurpreet arrived in the UK last year for talks with then-foreign secretary Jeremy Hunt and subsequently applied for permission to remain in the UK.  Last Saturday Gurpreet received an official letter explaining that while she has a “unique” set of circumstances, officials will not allow her to live in Scotland despite fears over her safety in India, where she wed Jagtar just two weeks before his November 2017 arrest.


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