Rodrigo Rato found guilty of misuse of corporate credit cards issued by banks whose near collapse sparked EU bailoutThe former International Monetary Fund chief Rodrigo Rato has been sentenced to four-and-a-half years in prison for misusing corporate credit cards while in charge of two main Spanish banks at the height of the country’s financial crisis.
Rato,also a former a Spanish economy minister and deputy prime minister, was found guilty on Thursday of embezzlement, or at the end of a five-month trial at Spain’s national court. Related: Former IMF chief Rodrigo Rato heckled at start of corruption trial Related: Spanish politicians in court over corruption case billed as trial of the year Continue reading...
Source: theguardian.com