The judge prosecutes Rodrigo Rato for alleged corruption, money laundering and tax avoidance

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The magistrate has issued the order for transformation, which opens the deadline for the State Prosecutor’s Office and the Attorney General’s Office to present the indictment in which they specify what convictions are requested for Rato

 

The Madrid judge investigating Rodrigo Rato has closed the investigation phase and considers that the former vice president of the Government should go to trial for the crimes of money laundering, business corruption and tax fraud. The magistrate has issued the so-called transformation order -equivalent to the prosecution-, which opens the deadline for the State Prosecutor’s Office and the State Attorney to present the indictment in which they specify what sentences are requested for Rato.

The facts by which the judge considers that Rato should sit on the bench are in part related to his stage as president of Bankia, where he would have charged commissions for the award to certain advertising campaign companies of the financial institution. The resolution indicates that Rato received a commission of 835,000 euros through one of its companies.

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