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Lawyers say 'substantial merits' to reverse Stanley Thai's conviction

Lawyers say 'substantial merits' to reverse Stanley Thai's conviction

KUALA LUMPUR (Nov 27): Supermax Corp Bhd group managing director Datuk Seri Stanley Thai's lawyers said there are substantial merits for the appellate court to reverse his conviction based on the evidence adduced.

Last Friday, the prominent businessman was sentenced to a five-year jail term and fined RM5 million for insider trading involving APL Industries Bhd shares. He was found guilty along with former remisier Tiong Kiong Choon.

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