Court clears former shipping company exec of insider trading charges | The Malaysian Insight

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Court clears former shipping company exec of insider trading charges

THE Kuala Lumpur High Court today acquitted and discharged the former executive deputy chairman of shipping company Malaysian Merchant Marine Berhad on three charges of insider trading.

Judicial Commissioner Azhar Abdul Hamid set aside the conviction, five-year jail sentence and RM9 million fine imposed by the Sessions Court on R. Ramesh, 57, on September 11, 2019, after finding him guilty of the charges. Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!

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