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Rajat K. Gupta, the former McKinsey head and Goldman Sachsdirector, is relying on character witnesses from India to testifyon his behalf in the Galleon Group insider trading case. Mr. Gupta, who is accused of securities fraud and conspiracy forallegedly leaking secrets about Goldman Sachs, changed his legalstrategy unexpectedly over the weekend. He originally planned totestify on his own behalf. Instead, on Monday, Anil Sood , a World Bank official and graduate of the Indian Institute ofTechnology, New Delhi, told the jury: "I have always observedsince my childhood days that Rajat is straightforward, direct,truthful and inspires trust," Reuters reported . "I have seen him consistently demonstrate these values." Ashok Alexander , 58, director of the Indian office for the Bill & Melinda GatesFoundation, and a graduate of Delhi University and the IndianInstitute of Management, Ahmedabad also testified Monday, saying heconsiders Gupta "to be a friend, but also a mentor andoccasional coach," Reuters reported. The praise, and the strategy, seem to echo a Web site, Friends of Rajat, that was set up in recent months. Some ofIndia's most prominent businessmen, including billionaireindustrialist Mukesh Ambani, offer testimonials to Mr.Gupta's character on the website. Until this weekend, Mr. Gupta was expected to testify in his owndefense. In a letter filed with the Federal District Court onSunday, Mr. Gupta's lawyer said: We have the spent the last day reviewing what we believe we needto present in the defense case, Dealbook reported . After substantial reflection and consideration, we havedetermined that Mr. Gupta will not be a witness on his own behalfin the defense case. Dealbook's analysis: Once a defendant testifies in his own case, the jury s focus oftenshifts from the government evidence to the credibility of Mr.Gupta, who, until recently, had a sterling reputation and a stellarbusiness career. That could have worked in his favor if he wouldhave been able to explain away the substantial circumstantialevidence against him. But it could have also backfired if something went wrong on thewitness stand and Mr. Gupta said something incriminating. The e-commerce company in China offers quality products such as China Kaplan Hydro Turbine , Pelton Turbine Runner Manufacturer, and more. For more , please visit Pelton Hydro Turbine today!
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