AIRLINK 75.05 Increased By ▲ 1.35 (1.83%)
BOP 4.89 Decreased By ▼ -0.01 (-0.2%)
CNERGY 4.42 Decreased By ▼ -0.10 (-2.21%)
DFML 43.01 Decreased By ▼ -1.87 (-4.17%)
DGKC 84.00 Decreased By ▼ -1.50 (-1.75%)
FCCL 21.26 Decreased By ▼ -0.14 (-0.65%)
FFBL 32.22 Decreased By ▼ -0.29 (-0.89%)
FFL 9.44 Decreased By ▼ -0.15 (-1.56%)
GGL 10.07 Decreased By ▼ -0.20 (-1.95%)
HASCOL 6.99 Decreased By ▼ -0.14 (-1.96%)
HBL 114.15 Decreased By ▼ -0.55 (-0.48%)
HUBC 139.41 Increased By ▲ 0.31 (0.22%)
HUMNL 12.03 Decreased By ▼ -0.39 (-3.14%)
KEL 4.94 Decreased By ▼ -0.09 (-1.79%)
KOSM 4.38 Decreased By ▼ -0.07 (-1.57%)
MLCF 37.18 Decreased By ▼ -0.42 (-1.12%)
OGDC 133.95 Decreased By ▼ -2.85 (-2.08%)
PAEL 25.07 Decreased By ▼ -0.32 (-1.26%)
PIBTL 6.58 Decreased By ▼ -0.11 (-1.64%)
PPL 118.74 Decreased By ▼ -2.26 (-1.87%)
PRL 26.06 Decreased By ▼ -0.53 (-1.99%)
PTC 13.80 Decreased By ▼ -0.30 (-2.13%)
SEARL 56.80 Decreased By ▼ -0.50 (-0.87%)
SNGP 66.90 Decreased By ▼ -1.10 (-1.62%)
SSGC 10.31 Decreased By ▼ -0.11 (-1.06%)
TELE 8.28 Decreased By ▼ -0.17 (-2.01%)
TPLP 10.87 Decreased By ▼ -0.11 (-1%)
TRG 62.55 Decreased By ▼ -0.79 (-1.25%)
UNITY 27.15 Increased By ▲ 0.10 (0.37%)
WTL 1.34 Decreased By ▼ -0.04 (-2.9%)
BR100 7,891 Decreased By -50.1 (-0.63%)
BR30 25,320 Decreased By -328 (-1.28%)
KSE100 75,209 Decreased By -308.1 (-0.41%)
KSE30 24,147 Decreased By -130.6 (-0.54%)

Former US lawmaker Chris Collins, President Donald Trump's first supporter in Congress, was sentenced Friday to more than two years in jail for his role in an insider trading scheme.

The New York Republican was arrested and indicted in 2018 for insider trading of stock in an Australian biotech firm, including sending illicit tips from the White House lawn during a congressional picnic.

The judge in the Southern District of New York's US District Court rejected pleas for probation and sentenced Collins, 69, to 26 months on counts of insider trading and lying to investigators, sentences that are to run concurrently, an officer of the court said.

He was also fined $200,000.

Collins won re-election in November 2018 despite the indictment hanging over him. Last September he announced he was resigning from the House of Representatives, and the following month changed his plea to guilty.

Copyright Agence France-Presse, 2020

Comments

Comments are closed.