Ex-IMF chief Rato handed 4.5 years in jail for embezzlement
Former IMF chief Rodrigo Rato was handed a jail sentence of four years and six months on Thursday for misusing funds when he was the boss of two Spanish banks.
Trending Photos
Madrid: Former IMF chief Rodrigo Rato was handed a jail sentence of four years and six months on Thursday for misusing funds when he was the boss of two Spanish banks.
Spain's National Court, which deals with corruption and financial crime cases, said he had been found guilty of "embezzlement" when he headed up Caja Madrid and Bankia, at a time when both groups were having difficulties.
Stay informed on all the latest news, real-time breaking news updates, and follow all the important headlines in india news and world News on Zee News.
Advertisement
Live Tv
Advertisement