Central Bank probing the Rajaratnam case 20-10-09

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Uploaded by on Oct 21, 2009

The Central Bank claims that investigations are yet continuing in relation to the funding allegedly provided by Raj Rajaratnam to the Tamil Rehabilitation Organisation.
US Police arrested Rajaratnam in New York last Friday on charges of operating an elaborate insider trading operation. The Central Bank is confident that its probe may be able to determine whether he had given funds to the TRO. Rajaratnam is one of the leading investors in the Sri Lanka Bourse. The Securities and Exchange Commission has drawn its attention whether there are any links with Rajaratnam on the decline of the all share price index by two percent today.
Six persons including two Indian nationals Anul Kumar and Rajiv Goel were nabbed along with Rajaratnam in New York on charges of unlawful transactions worth 20 million US Dollars..

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