The top lawyer at Swiss pharmaceutical company Novartis stepped down on Wednesday following revelations that the company made payments to President Donald Trump's personal attorney Michael Cohen. Novartis (NVS) said its general counsel, Felix Ehrat, had decided to retire from his position in the "context of discussions" surrounding the payments to Cohen. Cohen's company Essential Consultants had a one-year $1.2 million contract with Novartis during the beginning of the Trump administration. Related: AT&T CEO says hiring Cohen 'was a big mistake'Novartis admitted last week it was paying Cohen $100,000 a month. However, Novartis also said it continued to pay Cohen $100,000 a month until February 2018.

Source: CNN May 16, 2018 10:15 UTC