“The Hindu” newspaper has published a news item, that the recently arrested  Raj Rajaratnam in America,  for the   involvement of  internal trade corruption is attempting to sell a portion of his shares in Sri Lanka to collect funds towards his bail charges for his release.

Raj Rajaratnam was arrested last October 16th by the American secret agents, and he had been ordered by the courts, to pay 100 million dollars for his release. The said amount has been appealed to reduce, but the American Prosecutors refused it. But he was granted permission to travel to the important places in America. In the meantime reports inform, there are attempts to sell his 105 million dollars worth of shares in the Colombo Stock market. But according to the Sri Lankan money transactions percentage, there are complications in selling the shares in the Sri Lankan share market. Hence from the period Raj Rajaratnam had been arrested, many constraints are faced is according to information. It is much noted that 13 cases had been charged against Raj Rajaratnam, stating he had links with Tamil Eelam Liberation tigers. Sri Lankan Defense Ministry had pointed out that K.Pathmanathan who was identified as the new leader of Tamil Eelam Liberation tiger, and presently under interrogation had stated that Raj Rajaratnam was one of the main funder to the tigers.