The way he was manipulating JKH stocks this is no surprise. Irony is only last month he was featured on LMD as a HERO. Also was funding LTTE and this is no secret. Ravi Karunanayake's Union Bank share scandal was linked to this guy. Obviously he is a crook. This is what happens to ill earned wealth. My only worry is minority shareholders in lankan companies where this idiot has majority holdings will stand to lose now. Those shares will crash. God save small time investors in Colombo CSE
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and another Thomian bites the dust!
The way he was manipulating JKH stocks this is no surprise. Irony is only last month he was featured on LMD as a HERO. Also was funding LTTE and this is no secret. Ravi Karunanayake's Union Bank share scandal was linked to this guy. Obviously he is a crook. This is what happens to ill earned wealth. My only worry is minority shareholders in lankan companies where this idiot has majority holdings will stand to lose now. Those shares will crash. God save small time investors in Colombo CSE
Raj Rajaratnam made a sensational statement in which he accused his business partners: watch here
I think the galleon group is somewhat autonomous of RR. if thats the case, his investments here hopefully wont suffer much
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