A Western Australian man has landed a job because the boss of an organization, after being accused of insider buying and selling.
Cameron Waugh was arrested in dramatic vogue on December 16 whereas attending a marriage at Bunker Bay, about 250km south of Perth.
The 35-year-old appeared in Perth’s Stirling Gardens Magistrates Court on Wednesday, the place it was revealed he’s since been appointed the interim CEO of an organization.
Mr Waugh has been charged with six counts of insider buying and selling.
His lawyer, former Coalition minister and Attorney-General Christian Porter, filling in for Seamus Rafferty, utilized to have Mr Waugh’s bail circumstances relaxed to permit him to journey interstate.
He needed to give seven days discover to journey, however that was eased to simply 48 hours in Wednesday’s listening to, with the matter adjourned to a committal point out on January 24.
It wasn’t revealed in court docket which firm Mr Waugh is now main as interim CEO.
Despite the relaxed bail circumstances, Mr Waugh remains to be prohibited from travelling abroad.
Commonwealth prosecutors thought-about him a flight danger after he was discovered with a one-way ticket to South Africa, dated for a similar day as his arrest.
Mr Waugh can also be a dual-citizen of South Africa.
The Australian Securities and Investments Commission (ASIC) alleges Mr Waugh traded in Genesis Minerals on the ASX throughout every week in September 2021, whereas possessing insider information concerning the gold mining firm.
Source: www.perthnow.com.au
