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Was A Royal Bank of Canada Director Just Supposed To Not Smuggle Cocaine Into Ontario?

You'll have to just excuse the hell out of Joao Pedro Reinhard.
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On a related note, is this offense considered worse, better, or roughly equivalent to sell a company without telling anyone?

Joao Pedro Reinhard stepped down Thursday as a director of Colgate-Palmolive Co. and Royal Bank of Canada, two weeks after he was charged in Canada with possession of cocaine. Reinhard, 70, who lives in Key Biscayne, Florida, was charged on Feb. 23 in Mississauga, west of Toronto, for unlawful importing and possession of cocaine under Canada’s Controlled Drugs and Substances Act, according to the Royal Canadian Mounted Police...Reinhard, who was an executive vice president and chief financial officer of Dow Chemical Co. from 1996 to 2005, is also a former director of Coca-Cola Co. Reinhard was fired from Dow in 2007 after he and another executive attempted to secretly sell the chemical maker.

Colgate, RBC Director Leaves Boards After Cocaine Charges [Bloomberg]

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