Royal Bank of Canada ex-CFO sues for $36M after dismissal over ‘patently false’ accusations of extramarital affair - New York Post
Royal Bank of Canada’s ex-CFO Nadine Ahn is suing the bank for $36 million after she was fired over allegations that she was having an affair with another employee – which she denies – and giving him preferential treatment.
Ahn claims that she suffered “public humiliation” and “palpable reputational harm,” according to the lawsuit filed in the Ontario Superior Court of Justice.
The largest Canadian bank said Ahn was fired on April 5 after an investigation found “irrefutable evidence” that she violated the bank’s code of conduct.
The bank accused Ahn of having an undisclosed personal relationship with Ken Mason, who was the head of capital and term funding at the bank and was also fired in April.
An RBC spokesperson told The Post that the investigation found the relationship led to “preferential treatment” of Mason, including “promotion and compensation increases.”
Ahn claims that RBC CEO David McKay texted her the night before she was fired and asked her to meet in the morning.
When Ahn showed up the next day, McKay was absent, according to the suit. Instead, a lawyer peppered her with questions about Mason, the filing said.
Her laptop and cell phones were seized the same day, the filing said.
Ahn said the bank’s claims that she had a relationship with Mason and gave him preferential treatment as a result are “patently false.”
Instead, Ahn said she has been close friends with Mason since 2013 – well before she became CFO, the suit said.
Their friendship has never been a...
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