Economy - Voice of America: Spanish Bank Fraud Investigation Targets Ex-IMF Chief

Economy - Voice of America economy-and-business

Spanish Bank Fraud Investigation Targets Ex-IMF Chief Jul 4th 2012, 14:17 A Spanish court has launched a fraud investigation against former executives of key lender Bankia, including the one-time chief of the International Monetary Fund. Spain's top National Court said Wednesday it would examine fraud, embezzlement and stock price manipulation charges against 33 officials. Among them is Rodrigo Rato, the bank's former chairman and the IMF's managing director from 2004 to 2007. Bankia is at the center of the Spanish banking crisis that eventually led ... Media files: 4CA309F7-355E-4406-9DDB-74C9F5E8F5A6_cx23_cy22_cw76_w800_r1.jpg (image/jpeg, 0 MB)

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