Updated.
February 10, 2020 08: 37:14
There are require Australian authorities to prosecute a disgraced previous US congressman for insider trading while a director of an Australian drug business, in the middle of concerns he might be pardoned by President Donald Trump.
Key points
- Trump ally Chris Collins has actually been sentenced to prison for insider trading including an Australian drug company
- Australian investors and ethics specialists want Collins prosecuted in Australia and concern whether ASIC dismissed indication
- There are concerns Mr Trump will pardon Collins
As soon as a member of Mr Trump’s inner circle, previous Republican politician congressman Chris Collins has just recently been sentenced to prison in the United States for expert trading and lying to the FBI.
A 4 Corners investigation reveals financiers and ethics professionals are now questioning whether Australian regulators dismissed warning signs about Collins, long before he was founded guilty of expert trading on the yard of the White House.
Who is Chris Collins?
Collins was the very first congressman to endorse Mr Trump for president in 2016 and was given a sought after spot speaking at the Republican National Convention in front of thousands of the celebration faithful.
That speech offered the mainly unknown congressman a “ticket to the bi