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Ex-IMF chief Rato sentenced to new prison term over corruption

  • Rodrigo Rato has been sentenced to more than four years in prison for tax crimes, money laundering, and corruption, as stated by a Madrid court.
  • The court found Rato guilty of three offences against the treasury, one offence of money laundering, and one offence of corruption between individuals.
  • Rato previously served time in prison in 2018 for misuse of funds and faced new charges in this case.
  • The court ordered Rato to pay fines exceeding two million euros and additional amounts to tax authorities.
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