Corporate lawyer acquitted of insider trading

The Attorney General’s Chambers (AGC) and the Securities Commission (SC) also dropped an appeal in the Kuala Lumpur High Court against Sreesanthan’s acquittal by the Sessions Court in January 2021 on three other purported insider trading charges.

KUALA LUMPUR: The Kuala Lumpur Sessions Court has acquitted senior corporate lawyer Datuk Sreesanthan Eliathamby and discharged him of four counts of alleged insider trading of Sime Darby Bhd shares in 2006.

The Attorney General’s Chambers (AGC) and the Securities Commission (SC) also dropped an appeal in the Kuala Lumpur High Court against Sreesanthan’s acquittal by the Sessions Court in January 2021 on three other purported insider trading charges.