Facing the law: (from left) Yeow, Tan and Chee were charged with insider trading, at the Sessions Court.
PETALING JAYA: The Securities Commission (SC) has dropped insider trading charges against the former executive director of Kencana Petroleum Bhd Datuk Yeow Kheng Chew and two others following instructions from the Attorney-General.
Almost immediately after the criminal charges were dropped, the SC filed a civil suit against the three individuals, seeking, among others, a declaration that they had contravened regulations under the Capital Markets and Services Act 2007 (CMSA).
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