R v De Silva [2011] NSWSC 243

Supreme Court New South Wales

Medium Neutral Citation: R v De Silva [2011] NSWSC 243 Hearing dates: 28 February 2011, 16 March 2011 Decision date: 31 March 2011 Before: Buddin J Decision: Sentenced to a term of imprisonment of 2 years 6 months to commence on 16 January 2011 and to expire on 15 July 2013. Direct that the offender be released on 15 July 2012 at the expiration of 18 months of that sentence on a recognisance that he be of good behaviour during the balance of the term upon giving security in the sum of $1000 without surety. Catchwords: CRIMINAL LAW - sentencing - insider trading - "true insider" - plea of guilty - other favourable subjective features Legislation Cited: Corporations Act 2001 (Cth) Crimes Act 1914 (Cth) Cases Cited: Cameron v The Queen (2002) 209 CLR 339 DPP v O'Reilly [2010] VSC 138 Hili and Jones v R (2010) 272 ALR 465 Leighton v R [2010] NSWCCA 280 R v Doff (2005) 54 ACSR 200; [2005] NSWCCA 119 DPP v El Karhani (1990) 21 NSWLR 370 R v El Rashid, NSWCCA unreported, 7 April 1995 R v Ferrer-Esis (1991) 55 A Crim R 231 R v Firns (2001) 51 NSWLR 548 R v Gay [2002] NSWCCA 6 R v Hannes (2002) 173 FLR R v Hartman [2010] NSWSC 1422 R v McQuoid [2009] EWCA Crim 1301; [2009] 4 All ER 388 R v Morgan (1993) 70 A Crim R 368 R v Penalosa-Munoz (2004) 143 A Crim R 594 R v Rivkin (2003) 198 ALR 400 R v Rivkin (2004) 184 FLR 365 R v Smith (1987) 27 A Crim R 315 The Queen v Shrestha (1991) 173 CLR 48 Category: Sentence Parties: Regina (Crown) Oswyn Indra De Silva (Offender) Representation: Counsel: P McGuire/ B Hatfield (Crown) G Bellew S/C (Offender) Solicitors: Commonwealth Director of Public Prosecutions (Crown) Armstrong Legal (Offender) File Number(s): 2010/313774