AFP may pursue Gay

Former Gunns chairman John Gay could be pursued for the profits of his insider trading of the failed timber company's shares. The Australian Federal Police has received a referral and is considering whether an investigation is warranted. Gay was fined $50,000 in August for trading about $3 million worth of Gunns shares.

Former Gunns chairman John Gay could be pursued for the profits of his insider trading of the failed timber company's shares. The Australian Federal Police has received a referral and is considering whether an investigation is warranted. Gay was fined $50,000 in August for trading about $3 million worth of Gunns shares.