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Former IMF Chief may stand trial on corruption, money laundering and tax evasion

The former Chief of the International Monetary Fund (IMF), Rodrigo Rato, will reportedly stand trial in Spain, after a court charged Rato with corruption, money laundering and tax evasion.

The former First Deputy Prime Minister of Spain was found guilty in 2018 of embezzlement, and is accused of benefiting in a kickback scheme in Spanish banking institution, Bankia’s advertising campaign when he was chairman of the lender between 2010 and 2012.

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