Highest Malo borrow undisclosed information trading case appeal to Supreme Court | Malo | highest _ news

CNS, Guangzhou, December 9 (reporters Suo Youwei and and and)-Guangdong provincial procuratorate 9th disclosure, Supreme People's Procuratorate, procuratorial Committee discussed and decided on December 8, Malo by using undisclosed information-trading case protested.

It is understood that Malo in the role as Bo selected stock Fund Manager, manipulating three stocks account, first featured in earlier or later, if Bo Fund accounts to buy the same stock, 76, a total turnover of more than 1.05 billion yuan, illegal 18.83 million Yuan profit.

Because of the great deals, was born in 1982 are Malo, currently the largest public hearing's "fat cats".

Introduced by the prosecution, on January 2, 2014, the Shenzhen City Procuratorate Malo by using undisclosed information to the Shenzhen Municipal Intermediate People's Court to prosecute the case. On March 24, the Shenzhen intermediate people's Court of first instance in the use of undisclosed information trading, sentenced Malo shall be sentenced to three years and five years ' probation and fined 18.84 million Yuan, and at the same time more than 18.83 million yuan of illegal gains shall be recovered. On April 4, the law applicable to Shenzhen Municipal People's Procuratorate that verdict wrong, sentencing appearance of impropriety, and lodge a protest. Guangdong Province Prosecutor's Office supported the protest. On October 20, the Guangdong provincial higher court rejected the protest and upheld. Guangdong provincial procuratorate think final rulings are mistaken, on November 27, drew the highest protest.

On December 8, the highest Inspection Committee will look into the case, arguing that final rulings are wrong on the law applicable to the case, leading to obvious inappropriateness of sentencing, protest a decision to the Supreme Court under the judicial supervision procedure. (End)

(Original title: highest Malo using undisclosed information-trading cases to the Supreme Court of appeal)

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