Raj Rajaratnam Defense Team Would Prefer Jury Not Hear About His Brother (Allegedly) Destroying Evidence Of (Alleged) Insider Trading

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Shortly after Raj Rajaratnam was arrested on Oct. 16, 2009, his brother Rengan went into the Galleon Group LLC’s co-founder’s office and removed his sibling’s private notebooks, former Galleon trader Adam Smith told prosecutors, according to a court filing made yesterday. Raj Rajaratnam’s lawyers yesterday filed a legal request asking a judge to bar Smith from testifying about Rengan Rajaratnam’s actions on Oct. 16. Prosecutors wanted to offer the account from Smith, who may testify for the government this week, “to prove the existence of the charged conspiracy and Rengan’s membership in it,” they wrote in court papers. [Bloomberg, earlier]

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