FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

LISTED COMPANIES

Submit Post



Poll

Can there be another Covid-19 wave in Sri Lanka?

Reminiscences: Raj Rajaratnam, hedge fund kingpin convicted of insider trading, sent funds to terror group: report Vote_lcap68%Reminiscences: Raj Rajaratnam, hedge fund kingpin convicted of insider trading, sent funds to terror group: report Vote_rcap 68% [ 178 ]
Reminiscences: Raj Rajaratnam, hedge fund kingpin convicted of insider trading, sent funds to terror group: report Vote_lcap18%Reminiscences: Raj Rajaratnam, hedge fund kingpin convicted of insider trading, sent funds to terror group: report Vote_rcap 18% [ 47 ]
Reminiscences: Raj Rajaratnam, hedge fund kingpin convicted of insider trading, sent funds to terror group: report Vote_lcap13%Reminiscences: Raj Rajaratnam, hedge fund kingpin convicted of insider trading, sent funds to terror group: report Vote_rcap 13% [ 35 ]

Total Votes : 260

STOCK MARKET TRAINING
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



Latest topics

» Unprofesional unethical practice in CSE while reaching 10000
by rajini Today at 11:44 am

» SUNSHINE HOLDINGS PLC (SUN.N0000)
by ErangaDS Today at 11:17 am

» Maharaja after long time
by Niwa Today at 10:55 am

» LOLC gets balance $ 225 m from Cambodia PRASAC stake sale
by stockchaser Today at 10:45 am

» KELANI TYRES PLC (TYRE.N0000)
by Value Pick Today at 10:38 am

» EXPO/BILL/LOLC
by samaritan Today at 10:32 am

» NIFL is about to run towards ATH
by Jay-Jay Today at 9:54 am

» The fate of NIFL .. CLC .. LOFC under LOCH
by Jay-Jay Today at 9:50 am

» Lanka IOC draws investor interest at CSE
by samaritan Today at 9:36 am

» LOFC AND CLC Target Price??
by Rational Investor Today at 9:34 am

» BEST OFFERS FOR BANKING INSTRUMENTS
by Mohammed020 Today at 1:58 am

» Lubricant oil Prices increases for third time.. Keep eye on Industry
by rajithasahan Today at 12:17 am

» GLAS will be winner with Super Gain.
by Chithi Yesterday at 10:39 pm

» HAYLEYS PLC
by Basu Yesterday at 10:28 pm

» In the vicinity listing of LOCH – “LOLC CEYLON”
by Kethy Yesterday at 10:27 pm

» WATAWALA PLANTATION PLC (WATA.N0000)
by Niwa Yesterday at 8:52 pm

» Fertilizer issue over !! Buy plantations
by Emdmadusanka Yesterday at 8:33 pm

» JAT HOLDINGS PLC (JAT.N0000)
by SAGA Yesterday at 2:01 pm

» CLC - Bull & Bear LOCKED HORNS - can blast at any time.
by SAGA Yesterday at 12:32 pm

» කොළඹ කොටස් වලට ඉදිරියේ එන ප්‍රවනතා
by samaritan Yesterday at 12:30 pm

EXPERT CHRONICLE™

MARKET CHAT


CHRONICLE™ ANALYTICS


ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

LATEST TWEETS

You are not connected. Please login or register

FINANCIAL CHRONICLE™ » ECONOMIC CHRONICLE™ » Reminiscences: Raj Rajaratnam, hedge fund kingpin convicted of insider trading, sent funds to terror group: report

Reminiscences: Raj Rajaratnam, hedge fund kingpin convicted of insider trading, sent funds to terror group: report

Go down  Message [Page 1 of 1]

StockGuru

StockGuru
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Raj Rajaratnam, hedge fund kingpin convicted of insider trading, sent funds to terror group: report
BY SCOTT SHIFREL

Hedge fund kingpin Raj Rajaratnam was convicted of 14 counts of insider trading.
The biggest pirate on Wall Street was also a major terrorist fund-raiser, Vanity Fair magazine reported Friday.

Hedge fund kingpin Raj Rajaratnam, convicted of 14 counts of insider trading, openly gave chunks of money to the Tamil Tigers terror group in his native Sri Lanka, a story on VanityFair.com. said.

"They're terrorists. We're terrorists. We are all freedom fighters," Rajaratnam is quoted as telling a crowd gathered to raise money for the Liberation Tigers of Tamil Eelam (LTTE) in 2002.

"They're our terrorists, and you all must support this struggle."

Rajaratnam's lawyer called the story "utterly false" and noted that it comes shortly before the hedge-funder is sentenced on conspiracy and securities' fraud charges.

""Raj never made the speech attributed to him. He was never at an LTTE fund raiser," his lawyer, John Dowd, said when asked about the story.

"Raj completely cooperated with FBI agents from the Terrorism Task Force about Tamil Tigers. No allegation has ever been made by the FBI regarding his conduct."


The Tamil Tigers are a militant group in Sri Lanka. (Lakruwan Wanniarachchi/Getty)

Rajaratnam, the 54-year-old former head of the Galleon Group, was convicted in May in one of the biggest ever insider trading cases and faces up to 24 1/2 years in jail when sentenced Tuesday.

It was part of an investigation at the center of Manhattan U.S. Attorney Preet Bharara's efforts to clean up Wall Street.

Vanity Fair quotes a former FBI agent as saying Rajaratnam was mainly targeted because of his support of a group the U.S. government declared a terrorist organization.

"It was a conscious decision, to treat Raj the terrorist the way they treated Al Capone when they got him for tax evasion," the story quotes former Joint Terrorism Task Force member Jay Kanetkar as saying.

Rajaratnam gave $1 million to the group in the year 2000 and is suspected of giving millions more to another front group that then gave money to the Tamil Tigers, the story says.

The U.S. attorney's office declined to comment.

Courtesy - http://www.nydailynews.com/news/world/raj-rajaratnam-hedge-fund-kingpin-convicted-insider-trading-funds-terror-group-report-article-1.958586

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum