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NEWCASTLE ACTIVIST TO WAIT FOR SENTENCING
PHOTO: Vigil of farmers and environmentalists outside court, via Stand with Jono twitter page.
A Newcastle activist who sent a hoax email that wiped millions of dollars off Whitehaven Coal shares, has had his sentence delayed.
Jonathan Moylan sent out a fake press release in January claiming ethical concerns had led ANZ Bank to withdraw a $1.2-billion loan to the mining company for its Maules Creek mine project.
It temporarily wiped $314-million off Whitehaven’s stockmarket value.
Farmers and environmentalists held a vigil outside the NSW Supreme Court during today’s hearing.
A date is yet to be rescheduled for his sentencing.
PHOTO: Jonathan Moylan.
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