Former US insurance tycoon Maurice 'Hank' Greenberg is reported to have resigned from the board of American International Group, the company he had built into an international giant.
Quoting Greenberg's attorneys, the Wall Street Journal said the former chief executive of the company made his decision known in a terse four-sentence letter to the board.
'My decision to resign now results from my inability to receive information regarding the company and its operations necessary to fulfill my fiduciary duties,' the Journal quoted the letter as saying.
Greenberg stepped down as chairman and chief executive of the company in March, amid state and federal investigations into the company's accounting under his watch.
Last month, AIG and Greenberg, 80, were named as defendants along with Howard Smith, AIG's former chief financial officer, in a lawsuit filed by New York state's crusading attorney general, Eliot Spitzer.
The civil suit accused them of engaging 'in numerous fraudulent business transactions that exaggerated the strength of the company's core underwriting business to prop up its stock price'.
