Highest bail set
- Who
- Raj Rajaratnam
- What
- 100000000 US dollar(s)
- When
- 16 October 2009
In New York, USA, bail for the billion-dollar hedge fund owner, Raj Rajaratnam (Sri Lanka), was set at US $100 million (£64.6 million) on 16 October 2009, after his arrest on criminal charges for alleged insider trading. It is the highest bail ever set.
A bid to reduce his bail was denied by a judge on 12 January 2010.