13 Feb 2024
Suruhanjaya Sekuriti Malaysia Dato' Aminuddin Bin Md Desa
- Citation
- WA-22NCC-573-12/2021 (Mahkamah Tinggi)
- Court
- High Court
- Case number
- WA-22NCC-573-12/2021 (Mahkamah Tinggi)
On the balance of probabilities, circumstantial evidence (close relationship, funding trail, timing and pattern of trades, phone call proximity, joint benefit and attempts to conceal modus operandi), unrebutted by the defendant who elected not to give evidence, established that the defendant, an insider, jointly acquired PCB shares (or procured Jamal) while in possession of inside information in contravention of s188(2)(a) (alternatively s188(2)(b)) CMSA; statutory remedies under s201(5) and s360 follow.