Read the full judgment text of FACV 000005/2003 on BabelCite. This FACV judgment was delivered on 26 November 2003.
1. In this appeal the Court is faced with an unprecedented problem. We have to cope with the disaster caused by the Insider Dealing Tribunal's mishandling of an insider dealing inquiry seven years ago. The securities involved in that inquiry were the shares in a listed company. This was the company named Paragon Holdings Ltd at the material time but later re-named CNPC (Hong Kong) Ltd. In 1995 it appeared to the then Financial Secretary that insider dealing in Paragon shares had or may have take
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