Former IMF director sentenced to 4 years, 6 months in prison for embezzlement
EFE
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Thu, 02/23/2017
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According to the indictment, Rato maintained the "corrupt system" established by his predecessor Miguel Blesa when he took the reins of Caja Madrid in 2010.
He then replicated the system when he took charge of Bankia, a group born in 2011 out of the merger of Caja Madrid with six other savings banks, prosecutors said.