Former executive jailed, fined RM9mil for insider trading


KUALA LUMPUR: A former executive with Malaysian Merchant Marine Bhd (MMM) was sentenced to five years’ jail and fined RM9mil for insider trading in the shares of the now-delisted marine company.

Sessions Court judge Azman Ahmad sentenced Datuk R. Ramesh after finding him guilty of three counts of insider trading while serving as the company’s deputy executive chairman.

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Sessions Court , Insider Trading

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