Spain court sentences ex-IMF chief to more than four years over corruption
Al Jazeera
Rodrigo Rato found guilty of multiple offences including corruption and money laundering.
A Madrid court has sentenced former International Monetary Fund (IMF) chief Rodrigo Rato to more than four years in prison for tax crimes, money laundering and corruption.
Judges found Rato guilty of “three offences against the Treasury, one offence of money laundering and one offence of corruption between individuals”, the court said in a statement on Friday.
Rato, who had already spent two years in prison over a separate embezzlement case during his tenure as chairman of Spanish lender Bankia, has denied any wrongdoing throughout the nine-year probe.
Following a yearlong trial, the court convicted Rato on three counts of offences against Spanish tax authorities, as well as corruption involving individuals outside the public sector, and money laundering.
It sentenced him to four years, nine months and a day in prison.
