Pages

Showing posts with label surrender. Show all posts
Showing posts with label surrender. Show all posts

Saturday, October 29, 2011

ICC discusses Gadhafi sons surrender


Saif Gadhafi to turn himself in? NEW: The prosecutor promises no deals for Gadhafi son's surrenderThe International Criminal Court has issued a warrant for Gadhafi's arrestThe court is having "conversations" about Saif al-Islam's surrenderAl-Islam's whereabouts are unknown
(CNN) -- The International Criminal Court is having "informal conversations" about the surrender of Moammar Gadhafi's son, Saif al-Islam, who is wanted for crimes against humanity, the court's chief prosecutor said Friday.
Luis Moreno-Ocampo would not say with whom the court is talking. He also said the court does not know al-Islam's whereabouts.
If Saif al-Islam Gadhafi is brought before the court, Moreno-Ocampo said, he will "have all the rights and be protected," and will be allowed to present his defense.
"We believe we have a strong case," the prosecutor told CNN in an exclusive interview from The Hague. "We believe he should be convicted."
The court believes Saif al-Islam Gadhafi, his father, and his brother-in-law Abdulla al-Sanussi are responsible for crimes against humanity in Libya, including murder and persecution across the country beginning in February amid anti-government demonstrations, Moreno-Ocampo said.
Al-Sanussi served as the head of intelligence for Moammar Gadhafi, who was captured by opposition fighters and killed last week.

Thursday, October 27, 2011

Source: Former Goldman Sachs exec to surrender


Rajat Gupta, senior partner emeritus at McKinsey and Company, as pictured at the World Economic Forum on January 28, 2010, in Davos, Switzerland.Source: Former Goldman Sachs executive Gupta to surrenderCase stems from prosecution of hedge fund founderIn that trial, Raj Rajaratnam was accused of insider trading
New York (CNN) -- Former Goldman Sachs Director Rajat Gupta is expected to turn himself in to the FBI Wednesday morning to face federal charges, a source familiar with the case told CNN.
The investigation against Gupta, who led McKinsey & Co., stems from the trial of hedge fund founder Raj Rajaratnam, the source said Tuesday.
It was not immediately clear what charges Gupta may face. An FBI spokesman declined comment.
Rajaratnam, former manager of the defunct hedge fund Galleon Group, was sentenced this month to 11 years in federal prison -- a record for insider trading -- and fined $10 million. He was found guilty on May 11 of all 14 counts of conspiracy and fraud, after netting $64 million on a long-running insider trading scam.
Rajaratnam was accused of profiting on trades he made using non-public information.
During the trial, prosecutors played dozens of wiretapped phone calls in which Rajaratnam discussed proprietary information on big companies, including Goldman Sachs.
The prosecution said the recordings showed Rajaratnam receiving information from Gupta that he used to make $17 million in illegal profits.
Gupta's attorney, Gary Naftalis, said that "any allegation that Rajat Gupta engaged in any unlawful conduct is totally baseless."
"The facts demonstrate that Mr. Gupta is an innocent man and that he has always acted with honesty and integrity. He did not trade in any securities, did not tip Mr. Rajaratnam so he could trade, and did not share in any profits as part of any quid pro quo."
Rajaratnam managed $7 billion at Galleon before the hedge fund shut down following his indictment in 2009.
CNN's Kevin McKinnon contributed to this report.
View the original article here

Total Pageviews

Powered by Blogger.

Followers

Entri Populer

Entri Populer

Entri Populer