Tag - Insider Trading

08Apr

Federal Court dismisses lawyer’s bid to overturn insider trading ruling

PUTRAJAYA: The Federal Court here on Tuesday (April 8) upheld the ruling which found lawyer Datuk Sreesanthan Eliathamby liable for insider trading of Worldwide Holdings Berhad shares in 2006 and ordered him to pay RM2.99mil, including a RM1mil civil penalty. The total amount comprises RM1,989,402, representing three times the profit gained from the insider trading, in...

By malaysia, , , , , 0 CommentsRead more...
11Jul

Man allegedly behind global insider trading scheme arrested in S’pore; US says he pocketed millions

SINGAPORE: A Singaporean man accused of being the leader of an international insider trading and money laundering scheme has been arrested here, following a request in June from the US. Ge Zhi (pic), 33, was apprehended on July 3 and taken to the State Courts the next day, where he was ordered to be held under...

By Singapore, , , 0 CommentsRead more...