Former independent director of Sberbank surrendered to the FBI and hit the pre -trial detention center

The former independent director of Sberbank, who also previously part of the Skolkovo business school, a member of the Board of Directors of Goldman Sachs and Procter & Gamble Co Rajat Kumar Gupta , who is suspected of involvement in the issuance of insider information, surrendered to the US Federal Bureau (FBI). About this, as RIA Novosti reports, reports the publication of Wall Street Journal with reference to representatives of the department.

At the moment, the 62-year-old businessman is in the investigative insulator. The financier’s lawyer claims that his client is not guilty, and that he always acted “honestly and openly”.

According to the US Commission on Securities and Exchange (SEC), Gupta, at the height of the 2008 crisis, transmitted secret information about Goldman Sachs plans to the founder of the Galleon Group, Raja Rajaratama, which allowed him to earn more than 18 million dollars. In March of this year, SEC began an investigation against Gupta.

A native of India, Gupta worked in the consulting company McKinsey & Co for about 32 years, and since 2006 he served as a member of the Board of Directors Goldman Sachs. In March 2011, he announced that he would not run for this post in the next election. Until the summer of 2010, Gupta also held the post of independent director of Sberbank and until recently was a member of the Skolkovo Business School of Business School.

A native of Sri Lanka Raj Rajaratnam, who, according to investigators, transmitted closed data, was sentenced to 11 years in prison in October 2011 for the use of insider information when concluding a number of large transactions.