Breaking News: Former IMF Chief Rodrigo Rato Sentenced for Tax Fraud and Corruption
A Madrid court has sentenced Rodrigo Rato, former chief of the International Monetary Fund (IMF) and ex-economy minister of Spain, to over four years in prison. The verdict, delivered on Friday, found Rato guilty of multiple charges, including tax crimes, money laundering, and corruption.
According to the court’s statement, Rato was convicted of “three offences against the treasury, one offence of money laundering, and one offence of corruption between individuals.”
Further details on the case are expected to emerge.
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