Former Citigroup MD Kathleen Martin accuses COO Anand Selva of intentional deception in risk management metrics related to a $400M 2020 settlement.
Former Citigroup MD Kathleen Martin accuses COO Anand Selva of intentional deception in risk management metrics, aiming to mislead OCC and present compliance with $400M 2020 settlement. Martin's amended lawsuit adds specific compliance shortfalls, including a $135.6M fine from OCC & Federal Reserve. Citigroup denies allegations and argues Martin's whistleblowing isn't protected under federal law. The bank has until August 8 to respond to the lawsuit.
July 19, 2024
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