Raj Rajaratnam's Letter To Clients And Employees

Raj Rajaratnam

Dear Galleon Employees, Clients and Friends:

During this challenging time, I wanted to take a moment to address you directly.  As I am sure you understand, I am not able to respond in detail to the charges recently brought against me.  But let me be clear: they are, without exception, entirely baseless.  I am innocent and will vigorously defend myself and our firm.

As I move forward on my defence, I want to assure you that our commitment to our investors and employees will remain unwavering.  I will continue to be here working for Galleon, and the firm will continue to serve its clients with effectiveness and integrity. Thank you for your ongoing support.

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.