The BBC reports investment bank Citigroup has suspended a senior trader allegedly accused of stealing food from the staff canteen, media reports say.

The trader, Paras Shah, is reported to have been earning more than £1m a year including bonuses.

He was removed from his post as head of high-yield bond trading for Europe, the Middle East and Africa last month, the Financial Times reported.

Citigroup has refused to make any comment on the allegations.

According to reports, Mr Shah, aged 31, was suspended following allegations that he helped himself to sandwiches from the canteen at the bank’s London headquarters in Canary Wharf.

It is not clear how many times this happened or over what period of time the alleged behaviour occurred.