Ex-IMF Chief Gets Four-Year Jail Term For Tax Crimes

Judges found Rato guilty of "three offences against the Treasury.

By Channels Television

Updated December 20, 2024

International Monetary Fund managing director Kristalina Georgieva arrives to deliver a curtain raiser speech on the outlook for the global economy and policy priorities ahead of the 2024 Annual Meetings of the IMF and the World Bank Group in Washington, DC, October 17, 2024. (Photo by Brendan Smialowski / AFP)

A Madrid court on Friday said ex-IMF chief and Spanish economy minister Rodrigo Rato received a jail term of more than four years for tax crimes, money laundering and corruption.

Judges found Rato guilty of “three offences against the Treasury, one offence of money laundering and one offence of corruption between individuals”, the court said in a statement.

AFP