https://feeds.thelocal.com/ Read the latest news and views from Spain in English en-us news@thelocal.com (TheLocal) webmaster@thelocal.com (TheLocal) TheLocal RSS Feed A Spanish court on Tuesday acquitted former IMF chief Rodrigo Rato and all other defendants of fraud and falsifying the books during the botched 2011 floatation of Spain's Bankia, a symbol of the country's banking crisis. https://www.thelocal.es/20200929/former-imf-chief-rato-acquitted-in-spain-bank-trial Tue, 29 Sep 2020 15:08:49 +0200 former-imf-chief-rato-acquitted-in-spain-bank-trial Former IMF chief Rodrigo Rato said Tuesday Spain's central bank knew all that was going on at Bankia as he testified for the first time in a trial over the alleged fraudulent listing of the bank he once led. https://www.thelocal.es/20190109/ex-imf-head-rato-on-trial-points-finger-at-spain-central-bank Wed, 09 Jan 2019 11:16:55 +0100 ex-imf-head-rato-on-trial-points-finger-at-spain-central-bank A mega-trial harking back to the dark years of Spain's economic crisis kicks off Monday over the alleged fraudulent 2011 listing of financial giant Bankia, with former IMF leader Rodrigo Rato in the dock.g https://www.thelocal.es/20181125/ex-imf-chief-rato-in-dock-again-in-major-bankia-trial Sun, 25 Nov 2018 10:10:05 +0100 ex-imf-chief-rato-in-dock-again-in-major-bankia-trial Former IMF chief Rodrigo Rato apologised to "society" on Thursday just before he began a jail sentence in Spain for misusing funds in a case that sparked outrage at the height of the country's economic crisis. https://www.thelocal.es/20181025/ex-imf-chief-rato-starts-jail-term-in-spain-for-graft Thu, 25 Oct 2018 18:14:33 +0200 ex-imf-chief-rato-starts-jail-term-in-spain-for-graft Spain's Supreme Court on Wednesday confirmed former IMF chief Rodrigo Rato's jail sentence of four years and six months for misusing funds in a case uncovered at the height of the economic crisis, causing outrage. https://www.thelocal.es/20181003/spanish-court-confirms-45-year-jail-term-for-disgraced-ex-imf-chief-rato Wed, 03 Oct 2018 19:15:55 +0200 spanish-court-confirms-45-year-jail-term-for-disgraced-ex-imf-chief-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. https://www.thelocal.es/20170614/spain-prosecutors-seek-five-years-jail-for-ex-imf-head-rato Wed, 14 Jun 2017 11:34:10 +0200 spain-prosecutors-seek-five-years-jail-for-ex-imf-head-rato Former IMF chief Rodrigo Rato said on Tuesday that using the funds of banks he headed up for personal use was "completely legal," as he took the stand in a trial for embezzlement. https://www.thelocal.es/20161005/all-legal-ex-imf-head-rato-says-in-embezzlement-trial Wed, 05 Oct 2016 11:18:51 +0200 all-legal-ex-imf-head-rato-says-in-embezzlement-trial Spain's bailed-out bank Bankia on Wednesday offered to pay back thousands of small investors who bought into its failed stock market listing in 2011 up to €1.8 billion ($2.0 billion) in a bid to end legal actions against it. https://www.thelocal.es/20160217/spains-bailed-out-lender-bankia-to-pay-back-small-investors Wed, 17 Feb 2016 16:46:21 +0100 spains-bailed-out-lender-bankia-to-pay-back-small-investors A class action lawsuit against Spain's Bankia opened on Thursday with 660 small shareholders who say they were misled during the financial giant's 2011 stock listing asking to be reimbursed €6.3 million ($7 million) https://www.thelocal.es/20160205/spains-bankia-sued-by-misled-shareholders-in-class-action-lawsuit Fri, 05 Feb 2016 13:19:13 +0100 spains-bankia-sued-by-misled-shareholders-in-class-action-lawsuit Spanish prosecutors asked Thursday that former IMF chief Rodrigo Rato be jailed for more than four years for allegedly misusing credit cards for personal use while head of a bank that was later bailed out. https://www.thelocal.es/20160115/spanish-prosecutors-demand-four-years-jail-for Fri, 15 Jan 2016 09:56:42 +0100 spanish-prosecutors-demand-four-years-jail-for The former IMF chief Rodrigo Rato has had his passport confiscated while he awaits trial for tax fraud and money laundering. https://www.thelocal.es/20151006/judge-withdraws-passport-of-former-imf-chief Tue, 06 Oct 2015 17:53:36 +0200 judge-withdraws-passport-of-former-imf-chief Spain's interior minister will be questioned in parliament on Friday as a constant flow of corruption scandals casts a shadow over the next general elections expected at the end of the year. https://www.thelocal.es/20150814/corruption-casts-long-shadow-over-spains-politics Fri, 14 Aug 2015 10:51:49 +0200 corruption-casts-long-shadow-over-spains-politics Rodrigo Rato, the ex-head of the International Monetary Fund, refused to answer a judge's questions in Madrid on Wednesday over the latest in a string of fraud charges against him. https://www.thelocal.es/20150723/ex-imf-chief-refuses-to-testify-in-fraud-case Thu, 23 Jul 2015 10:36:27 +0200 ex-imf-chief-refuses-to-testify-in-fraud-case Spain's ruling conservative Popular Party went into damage limitation mode on Monday, saying it had expelled ex-IMF head Rodrigo Rato and all other party members under investigation for allegedly misusing credit cards for personal spending while working at a bailed-out finance group. https://www.thelocal.es/20141028/spains-ruling-party-expels-scandal-hit-ex-imf-boss Tue, 28 Oct 2014 10:29:00 +0100 spains-ruling-party-expels-scandal-hit-ex-imf-boss