Gas executive released as conviction quashed

A former executive vice-president of one of the world's biggest energy companies has had his conviction for insider trading quashed and been released from a 3½-year prison sentence.

Stuart Alfred Fysh (pictured) had been found guilty for purchasing Queensland Gas Company shares in 2007 while in possession of inside information during his time working for British Gas, now known as BG Group. But the NSW Court of Criminal Appeal found the jury's decision to send Mr Fysh to prison unreasonable and ordered the conviction be quashed and a verdict of acquittal entered.

Mr Fysh had spent more than seven months in prison. After the hearing last month, he was released from Junee Correctional Centre the same day.