Former IMF Director & Spanish Deputy Prime Minister Rodrigo Rato Arrested For Money Laundering [View all]
Source: The Spain Report
Former IMF director, Spanish Deputy Prime Minister, Economy Minister and chairman of Bankia Rodrigo Rato was arrested by anti-fraud police at his home in central Madrid on Thursday evening on charges of money laundering, fraud and defrauding creditors.
Tax and customs officials began searching his house on Thursday evening, El Mundo reported. Following his arrest, Mr. Rato was taken by police to an office in Madrid where a second search was carried out.
VozPópuli reported on Tuesday that Mr. Rato was one of 705 suspects being investigated by Spanish anti-fraud authorities for money laundering and that “Rato is not the only illustrious name in this list of taxpayers.”
Read more: https://www.thespainreport.com/16020/spanish-tax-officials-searching-home-of-former-imf-boss-spanish-deputy-prime-minister-rodrigo-rato/
Some may remember the aptly-named Mr. Rato as the former Director of the IMF from 2004 to 2007. It was Rato's objections -and of course, Dubya's- that were mainly responsible for the failure to adopt a global debt restructuring mechanism at the time. Vulture funds owe their continued existence to the lack of such a mechanism (they owe their successes in New York courts -the only ones that give them the time of day- to other per$uasion$).
Banksters of a feather...
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