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Monday, October 19, 2009 - 10.45 GMT
Rajaratnam still under investigation - CB

 
The Central Bank states that investigations are yet continuing in relation to the funding allegedly provided by Mr Raj Rajaratnam to the TRO. Accordingly, any reports that suggest that such investigations are concluded or that Mr Rajaratnam has been cleared of possible involvement are incorrect and misleading.

The New York hedge fund billionaire, Raj Rajaratnam is accused of operating an alleged $20 million insider trading scheme through his Galleon Group hedge fund, according to records obtained by ABCNews.com.

He is one of the wealthiest men in America with an estimated net worth of $1.3 billion and he was a major contributor to the campaigns of Hillary Clinton and also the single largest known U.S. contributor to a charity linked to the LTTE.
 



 
 
   
   
   
   
   

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Last modified: October 19, 2009.

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