Why is Ambani Supporting a "Fraudster"?



Other eminent personalities who are said to have signed up for this website also include billionaire Adi Godrej, Chairman of the Mumbai-based Godrej Consumer Products; billionaire Kushal Pal Singh, Chairman of DLF; Yogesh Chander Deveshwar, owner of ITC; Analjit Singh of Max India; and Rajendra Singh Pawar, Chairman of NIIT.

Godrej Group Chairman stated in one of the letters that Rajat has always been a person of great integrity and clarity of purpose. “My admiration for Rajat remains as strong as ever,” he added.

Rajat’s friends and supporters have ridiculed at the prosecutors’ allegation that Gupta tipped Rajaratnam to enhance the holdings of a fund the two had invested in. Analjit Singh, Max India chairman and founder, said, “Rajat is too smart – he’s not stupid to do something foolish, as what has been alleged,” as quoted by Bloomberg.

Atul Kanagat, a former McKinsey & Company Principal, who manages the website said, "He's like a dolphin caught up in a tuna net. The government refuses to admit it's a dolphin and not a big fat tuna, and they're not going to give up. That's what my website is trying to do, tell the story about the other Rajat."