The statement said that, prior to Mr Pahari's appointment as AMP Capital CEO, the board and CEO had "reviewed the matter and the investigation findings and were satisfied the investigation was thorough and the consequences applied were both significant and appropriate".
In July, Mr Pahari said he was embarrassed by his actions.
"I genuinely regret that my comments made a colleague feel uncomfortable. It was never my intention, but I accept that they had an impact and I apologised and accepted the consequences," he said.
THE END
when will AMP HIT $3.00, page-2546
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