Is Manny Pangilinan guilty of insider trading?

It is difficult to prove that businessman Manuel Pangilinan committed insider trading or price manipulation on Philex Mining shares in 2009, according to Sen. Serge Osmena who talks to reporters after the Dec 13, 2011 hearing on the deals between businessman Roberto Ongpin and state-owned Development Bank of the Philippines.

 

MANILA, Philippines – It is difficult to prove that businessman Manuel Pangilinan committed insider trading or price manipulation on Philex Mining shares in 2009, according to Sen. Serge Osmena who talks to reporters after the Dec 13, 2011 hearing on the deals between businessman Roberto Ongpin and state-owned Development Bank of the Philippines.