London overseas change seller accuses Citigroup of unfair dismissal | Data

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London overseas change seller accuses Citigroup of unfair dismissal | Data

Wednesday, November 13, 2019 10:30 a.m. EST By Kirstin Ridley LONDON (Reuters) - A former


By Kirstin Ridley

LONDON (Reuters) – A former excessive Citigroup seller, who was fired in 2014 nonetheless acquitted of worldwide exchange-rigging bills after a trial in New York, knowledgeable a London employment tribunal he was unfairly dismissed no matter being throughout the “eye of the storm” on the time.

Rohan Ramchandani, who headed European spot overseas foreign money buying and selling, has already filed a $112 million-plus case in opposition to Citigroup in New York, alleging the monetary establishment framed him by making false and malicious statements to U.S. prosecutors after sacking him.

Citigroup, which has paid higher than $2 billion in fines and civil settlements so far over overseas change allegations, says it’s going to vigorously contest Ramchandani’s claims.

“Specific individual accountability continues to be important to Citi, and for that motive we’re disputing Ramchandani’s request for compensation, reinstatement and re-engagement on the employment tribunal,” it acknowledged in an announcement.

The earlier Citigroup veteran, who says he first heard of his dismissal when his supervisor phoned him on trip in India, knowledgeable the east London tribunal on Wednesday he had had no different to elucidate most likely difficult or misleading digital chats.

Ramchandani conceded that his determine was bandied about in data experiences in 2013 as British and…



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