Scoop has an Ethical Paywall
Insider Trader to Resign Board Positions Shortly
Paul Hyslop, the Wilson Neill Ltd director at the centre of Fletcher Challenge Paper insider trading scandal, is expected to resign most if not all of his directorships within the hour.
Hyslop is in conference with his Auckland lawyers, Barker Hunt, this afternoon after the High Court this morning ended interim name suppression granted after the NZ Herald sought to name him.
A Securities Commission report found that Hyslop, a director of Wilson Neill since December last year - meaning that the Securities Commission was already investigating him by the time he joined the board of the publicly listed company - had profited by up to $40,000 after he found and copied a confidential internal Fletcher Challenge memo detailing a planned merger between Fletcher Paper and its Canadian paper interests.
The
Securities Commission decided not to prosecute Hyslop, whom
it identified only as EF in its report, released on
Monday.
Dee Ninis, The Conversation: Why Vanuatu Should Brace For Even More Aftershocks After This Week’s Deadly Quakes: A Seismologist Explains
Martin LeFevre - Meditations: Meditation Without A Method
Ramzy Baroud: Israel To Annex The West Bank – Why Now? And What Are The Likely Scenarios?
Binoy Kampmark: The Strawman Of Antisemitism - Banning Protests Against Israel Down Under
Gordon Campbell: On The Coalition’s Empty Gestures, And Abortion Refusal As The New Slavery
Keith Rankin: Judaism, Antisemitism, And Israel