Rajat Gupta arrested

Raj Rajaratnam, the fund manager Galleon, had received information about the investment bank Goldman Sachs and the U.S. group Procter & Gamble, some of which came from Rajat Gupta.AP / Louis Lanzano
Rajat Gupta arrested
Rajat Gupta, former leader of the consulting firm McKinsey & Co and former director of Goldman Sachs, will travel Wednesday to the FBI, reports the Wall Street Journal. He was charged under one of the biggest cases of insider trading in New York for the fund Galleon. His name was mentioned by the prosecution at the trial this year of the founder of the investment fund Galleon, Raj Rajaratnam.
Rajat Gupta arrested
Rajat Gupta's lawyer declined to comment Tuesday on possible charges against his client, he repeated that he had committed no wrongdoing.
Rajat Gupta arrested
The details of the accusations of the Justice Department was not immediately available because they are still confidential, the newspaper said on its website, citing sources familiar with the matter. Rajat Gupta is suspected of passing information about the investment bank Goldman Sachs and the U.S. group Procter & Gamble, where he was member of the board of directors, Raj Rajaratnam.
Rajat Gupta arrested
ELEVEN YEARS IN PRISON

Patron founder of the investment fund Galleon, the latter was sentenced on October 13 and sentenced to eleven years in prison, one of the heaviest sentences ever imposed in the United States in a case of insider trading.

Counsel for Gupta, Gary Naftalis, "any allegation that Rajat Gupta was illegal conduct is completely without merit." "The facts show that Mr. Gupta is an innocent man in that he always acted with honesty and integrity," he said in an email, stating that he did not confirm the information about the charges against her client.

During the trial of Mr. Rajaratnam, the CEO of Goldman Sachs, Lloyd Blankfein, had found that Mr. Gupta had violated the code of confidentiality which are required members of the Board, in his conversations with Mr. Rajaratnam. The U.S. stock market watchdog, the SEC brought an action against Mr. Gupta in March, one week before the start of the trial of Raj Rajaratnam.

PROSECUTION cleared in August

The organization was particularly critical for providing the fund manager Galleon information on the investment of $ 5 billion that billionaire Warren Buffett was about to do in Goldman Sachs in 2008. But Mr. Gupta continued the SEC, arguing that the civil proceedings did not give him the same rights as other defendants. The two sides reached an agreement in August to settle their respective lawsuits.