Tag: Bankia fraud

• Thursday, October 4th 2018 - 07:55 UTC

  Spain's Supreme Court confirms jail term for ex IMF chief Rodrigo Rato

  

  Spain’s Supreme Court has confirmed a four-and-a-half year prison sentence for former International Monetary Fund head Rodrigo Rato for misusing a Spanish bank’s corporate credit card.

• Friday, April 17th 2015 - 03:26 UTC

  Former IMF director and Spanish minister detained accused of fraud

  

  The former director of the International Monetary Fund (IMF), Spaniard Rodrigo Rato, has been detained by police in Madrid. Rato, who has also been Economy Minister during Spanish President José María Aznar’s administration, is accused of money laundering and fraud.

• Thursday, August 2nd 2012 - 07:04 UTC

  Massive capital outflow in Spain: €163 billion left in five months

  

  Capital outflows from Spain more than quadrupled in May to €41.3 billion compared with May 2011, according to figures released on Tuesday by the Spanish central bank. In the first five months of 2012, a total of €163 billion left the country, the figures indicate. During the same period a year earlier, Spain recorded a net inflow of €14.6 billion.

• Wednesday, July 4th 2012 - 22:26 UTC

  Spanish court opens fraud case against Banka former executives

  

  A Spanish court opened a fraud case against former executives of lender Bankia on Wednesday amid mounting public anger against the state-rescued bank.