MELBOURNE: A Malaysian who previously worked for the Macquarie Bank and milked almost A$1.5mil through insider trading has been sentenced to at least 18 months jail.
Oswyn De Silva, 37, who said he was head-hunted by the bank, pleaded guilty to insider trading relating to 12 transactions known as 'front running' between December 2006 and April 2007, the Australian Associated Press (AAP) reports.
Already a subscriber? Log in.
Subscribe to win RM50 Touch 'n Go e-Voucher! More Info
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!