Money manager IFM Investors has refused to tell a parliamentary inquiry how much an employee accused of sexual harassment was paid out when they subsequently left the business.
Appearing before an inquiry into Australia's financial system on Friday, IFM chief executive David Neal said former IFM executive Frederic Michel-Verdier left the company to "pursue his own business interests".
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Ronald Mizen is the Financial Review’s political correspondent, reporting from the press gallery at Parliament House, Canberra. Connect with Ronald on Twitter. Email Ronald at ronald.mizen@afr.com
