Fund manager jailed for insider trading

A high-profile Japanese fund manager was sentenced today to two years in prison for insider trading.

Fund manager jailed for insider trading
Thu, 19 Jul, 2007 - 07:40

A high-profile Japanese fund manager was sentenced today to two years in prison for insider trading.

Presiding judge Kunihiko Koma also imposed a penalty of 1.149bn yen (€6m) and a fine of three million yen (€17,000) on Yoshiaki Murakami, former head of MAC Asset Management.

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CourtsBusinessHeathrowPlace: TokyoPlace: JapanPlace: USPerson: Kunihiko KomaPerson: Yoshiaki MurakamiPerson: MurakamiPerson: Takafumi HoriePerson: HorieOrganisation: MAC Asset ManagementOrganisation: Nippon Broadcasting SystemsOrganisation: LivedoorOrganisation: Nippon BroadcastingOrganisation: Mac
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