Second NAB trader jailed

NEWS

Gray will serve a minimum of eight months, with a further eight months on release on recognisance of good behaviour. He was sentenced at the County Court of Victoria on April 6.

Gray pleaded guilty to charges of dishonestly using his position as an employee of NAB to gain advantage for himself and others in February (FX Week, February 13). The charges were brought by local regulatory body, the Australian Securities and Investments Commission (Asic) in December 2004 (FX Week, January 10, 2005).

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