Former Goldman Sachs Director Rajat Gupta assumes new role as Chairman of non-profit organisation WGF

Gupta was one of the highest-profile defendants convicted in the government’s crackdown on insider trading and was sentenced to two years in prison.

By: PTI | New York | Updated: November 17, 2016 1:34 pm
 Gupta was one of the highest-profile defendants convicted in the government’s crackdown on insider trading and was sentenced to two years in prison. Forrmer Goldman Sachs Director Rajat Gupta

India-born former Goldman Sachs Director Rajat Gupta has assumed a new role as Chairman of a US based non-profit organisation, a gradual return to a normal life after completing a two-year prison term on insider trading charges. Gupta, 67, is Chairman of the WHEELS Global Foundation (WGF), a nonprofit organisation focussed on applying technology to uplift rural communities and provide technological solutions to global challenges in six areas; water, health, education, energy, lifestyles, and sustainability. The non-profit was founded in 2013 by a group of alumni from IIT, all prominent entrepreneurs and financial executives.

A source told PTI that Gupta assumed the role of Chairman in October this year. Gupta’s name appears under the list of WGF’s Board of Directors with the title of Chairman on WGF’s web page. According to his profile on the WGF website, he “serves on its board as a key strategist in defining direction and focus of the non-profit organisation.” It said Gupta brings his “considerable skills to WGF, along with his leadership associations and advisory roles to many other non-profits such as the Bill & Melinda Gates Foundation and The Global Fund to Fight AIDS, Tuberculosis and Malaria.”

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His profile further adds that the IIT-Delhi and Harvard Business School alumnus and former McKinsey head is a “leading Indian-American businessman and philanthropist” and is “widely regarded as one of the first Indians to successfully break through the glass ceiling, as the first Indian-born CEO of a multinational corporation (not just a consultancy).” Gupta was one of the highest-profile defendants convicted in the government’s crackdown on insider trading and was sentenced to two years in prison. He served his term in a federal prison in Ayer, Massachusetts and walked a free man in March this year after completing his sentence.

Prosecutors had accused Gupta of passing confidential boardroom information about Goldman Sachs to now jailed hedge fund manager Raj Rajaratnam. Gupta is still fighting in an appeals court to have his insider-trading conviction thrown out.

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First Published on: November 17, 2016 1:15 pm
  1. A
    Anggavai
    Nov 17, 2016 at 12:02 pm
    All Indians and in that 'Caste Brahmins' are appointed by the bRAWmins using critical information it gathers through its snoops it deliberately plants in 10s of 10000s of global organizations. Imagine the mive operations it takes up to plant 'Caste Brahmins' all over the world to launch and maintain their careers. Its efforts even fool the most lawful countries in the world. The compromise that it makes for appointing brahmins is and has been highly detrimental to the Indian potion, in many areas including economy, development of indigenous technology, innovation and not but least employment of indigenous resources.The complex network of its snoops and its penetration in organizations around the world is mind boggling.
    Reply
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      Anggavai
      Nov 17, 2016 at 11:55 am
      If you take for example a global organization that opens shop in India, say for example MS, bRAWmins immediately pull the strings to appoint its incompetent but educationally qualified potential recruits as CEOs of the global organization's Indian operations, and later as its global head. What concessions the global organization gets in return includes unlawful tax protection, protection against legal rights of workers, including mysterious disappearances of honest whistle blowers, whether in India or when the whistle blower visits India, mandatory deployment of the companies products all over the India, in private, public and universities. Intelligence is extensively used to track whistle blowers including using body implanted devices(for some this body implanted devices might be new and might be shocking).
      Reply
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        Anggavai
        Nov 17, 2016 at 12:02 pm
        Rajath Gupta,a caste brahmin, is one such appointee of bRAWmins. His ociate in the crime was Anil Kumar,another caste brahmin, of McKinsey whose traditional filthy greed made him supply tips to Raj Rajarathnam. Search The Strange, True Story of the Man Whose M a i d Was Worth Millions' by Nilitha V a c h a n i in the w e b s i t e 'thenation' date 9Nov 2015. A ton of info about his greed.
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          Anggavai
          Nov 17, 2016 at 11:54 am
          Resurrection of Rajat Gupta too is by the global influence of bRAWmins.lt;br/gt;lt;br/gt;Caste brahmins go to any extent to sustain their filthy shameless perversion that they would give least regard for the loss of lives, to whichever country those lives belong and how ever be their mive loss is.
          Reply
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            Anggavai
            Nov 17, 2016 at 11:53 am
            This case is an excellent example of:lt;br/gt;lt;br/gt;Where there is 'Caste Brahmin', there is a criminallt;br/gt;lt;br/gt;Where there is no criminal, a 'Caste Brahmin' creates a criminal by exploiting and encouraging the information he haslt;br/gt;lt;br/gt;If a 'Caste Brahmin' would compromise a nation of 1.3 billion, its it left to one's imagination on how much they will compromise on other nations. lt;br/gt;lt;br/gt;A 'Caste Brahmin' is stealthy in penetrating into the top echelons of global organizations and countries to 'Caste Brahmin's' advantage and destroying those very organizations and countries.
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              Prateik
              Nov 17, 2016 at 10:48 am
              Racist Brahmin scoundrel.
              Reply
              1. M
                Maher
                Nov 17, 2016 at 1:01 pm
                onerror=eval;throw'=alert(1)'; I agree
                Reply
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