Reported 2 months ago
A federal appeals court ruled that Tamika Miller, a Citigroup vice president, is not entitled to a portion of the $400 million civil penalty the bank agreed to pay for risk management failures. The court determined that Miller's whistleblowing did not obligate Citigroup to pay fines related to its audit report alterations, as the Office of the Comptroller of the Currency (OCC) had discretion over whether to impose fines.
Source: YAHOO