Why is Ambani Supporting a "Fraudster"?

Bangalore: Indian-American Rajat Gupta, who went on trial in a high-profile insider trading scandal, is getting a lot of support from Indian businessman including business tycoons like Mukesh Ambani and Adi Godrej.

This high profile Wall Street personality and former Goldman Sachs Director is getting all the support of his friends through a website named ‘www.friendsofrajat.com’. According to www.friendsofrajat.com, Rajat, who is on trial in Manhattan federal court for securities fraud, is a man of "great integrity", a philanthropist and a victim of prosecutorial overreach. Author Deepak Chopra and Mukesh Ambani are among those who have taken to the website to praise him.

The Chairman of Reliance Industries is said to have known Rajat for over 20 years. In a letter posted on the website, Ambani stated, “In every conversation I have had with him over the years, he was always talking about the things he wanted to do for India, for others, and never about himself.” He also mentioned, “I have never seen him ask for anything for himself, always for a greater good… I respect Rajat for his selfless dedication and humility and he will always be a friend of mine.” According to Ambani, Rajat always used the Bhagvad Gita shloka which meant, "You are only entitled to do your duty, not to the fruits of that duty".