Tuesday, 17 June 2014

Gupta tells US appeals court USD 14 mn civil penalty too high

India-born former Goldman Sachs director Rajat Gupta, scheduled to begin his two-year prison sentence on Tuesday, told a US court that he should not be required to pay a heavy USD 13.9 million in civil penalties since he already has to pay over USD 11 million in criminal fines.



from News Nation http://ift.tt/1pbGFJc

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