Indian origin Citigroup banker earning seven figure salary suspended for stealing food

Investment bank Citigroup has suspended a senior banker for allegedly stealing sandwiches from the staff canteen. Paras Shah, 31 who earns a seven figure salary was removed as Citigroup's head of high -yield bond trading for Europe, the Middle East and Africa last month. The bank suspended him following a number of allegations that he had been stealing food from its headquarters in East London according to a report in Financial Times. It is still uncertain as to how many sandwiches have been robbed by Paras. The allegations come despite his role as one of Europe's highest profile creditors.

Shah's facebook page suggests that he enjoys lavish holidays leading a lavish lifestyle. Meanwhile, he is the second high profile banker to be sacked over personal misconduct. Japan's Mizuho Bank sacke a London banker in 2016 after he was caught stealing a part worth £5 from a colleague’s bike. In 2014, Jonathan Burrows, a former Black Rock executive was found to have repeatedly dodged paying train fares for his commute.