Senior corporate lawyer acquitted of 3 insider trading charges

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E Sreesanthan was acquitted of insider trading of Sime Darby shares.

Senior corporate lawyer E Sreesanthan walked out a free man today following his acquittal of four insider dealing charges linked to three public-listed firms.

This followed on the heels of the Kuala Lumpur Sessions Court on Jan 11 acquitting him of three separate counts of insider trading of Sime Darby Bhd shares in 2006. On Jan 11, Sessions Court judge Zamri Bakar acquitted Sreesanthan without calling his defence at the end of the prosecution’s case, agreeing with the defence’s contention that the purported inside information was actually...

 

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