Rajat Gupta stresses his innocence |
Rajat Gupta, former Goldman Sachs board member and retired head of McKinsey & Co., has said he is innocent, despite his insider trading conviction nearly seven years ago. Gupta sat down with CNBC for his first interview since he was released from prison in 2016 and continues to claim innocence to the allegations, and that he hopes to rebuild his life.After being convicted in October 2012, the Indian American former executive went through the appeals process before spending 19 months in prison. Gupta told CNBC`s Andrew Ross Sorkin that he is innocent, despite being found guilty by a jury of three counts of securities fraud and one conspiracy charge, and not guilty on two other charges.He said in a tell-all interview that ran about 45 minutes that his biggest regrets are speaking too freely about Goldman`s corporate secrets, and not testifying at his trial, CNBC said."I was going to testify. And in the very end, they wore me down and convinced me I shouldn`t. And to me, it was a personal failure," he said in the interview. Gupta was convicted of illegally sharing information about Goldman Sachs to hedge fund manager Raj Rajaratnam, who is serving 11 years in prison for insider trading.
|
|
|
|