Tamil Billionaire Sued in US Court for "Crimes Against Humanity"

by israeli.agent | October 22, 2009 at 02:03 pm
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Raja Ratnam

Raja Ratnam

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Sri Lankan origin Tamil Billionaire hedge fund manager Raj Rajratnam who charged in a $25 million inside trading case was sued in a U.S. court on the grounds of 'Crimes against Humanity". In a Federal law suit filed by the victims of LTTE - a terrorist group eliminated by Sri Lankan security forces in a bloody war that lasted for more than 30 years - Rajaratnam was accused of financially helping the rebels to the tune of $5 million.

Raja Ratnam's hedge fund company Galleon group already announced closing of it's funds in a letter to it's clients. Following the arrest of Raja Ratnam Galleon group was losing its investors en masse.

NEW YORK (Reuters) - Accused hedge fund billionaire Raj Rajaratnam and his family's foundation were sued in a U.S. court on Thursday over allegations that they provided $5 million to Tamil Tigers militants in his native Sri Lanka's civil war.

The lawsuit in U.S. District Court in New Jersey on behalf of 30 people who were victims or survivors of attacks by the Liberation Tigers of Tamil Eelam in the South Asian country's civil war said the money assisted "crimes against humanity."



Businessinsider reports that Rajaratnam was already under the scanner of US Government for his alleged links to the terrorist organisation, LTTE.


The U.S. government previously looked into the fund-raising network of the Tigers, a rebel group that wants a separate Tamil homeland, and charged eight individuals for raising money for the group to purchase weapons.  It is believed Rajaratnam was part of that investigation -- he has been identified as a person in the related filings called "Individual B" -- and though it appears he gave money to a charity whose funds were routed to the Tamil Tigers, the U.S. did not allege Rajaratnam had any knowledge of where the money went.

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Barry Artiste

Guess someone has a lot of "splain'in" to do!

1
lalith

Anybody talking about the 200,000 - 300,000 dead civilians during the last stages of the war in Sri Lanka? :-)

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Roy C
First Flagged at 2:05 PM, Oct 22, 2009 by Roy C
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