Twitter
Advertisement

Spain prosecutors seek five years jail for ex-IMF head Rato

Spanish prosecutors have asked for former IMF chief Rodrigo Rato to be jailed for five years over the failed 2011 listing of Bankia, a bank he led which later had to be rescued by the state.

Latest News
article-main
FacebookTwitterWhatsappLinkedin

Spanish prosecutors have asked for former IMF chief Rodrigo Rato to be jailed for five years over the failed 2011 listing of Bankia, a bank he led which later had to be rescued by the state.

Rato, a former Spanish economy minister, has already been sentenced to four years and six months in a separate case for misusing funds when he was the boss of Bankia, and Caja Madrid before that.

In a court filing seen by

 

(This article has not been edited by DNA's editorial team and is auto-generated from an agency feed.)

Find your daily dose of news & explainers in your WhatsApp. Stay updated, Stay informed-  Follow DNA on WhatsApp.
Advertisement

Live tv

Advertisement
Advertisement