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JUST IN: Court jails ex-IMF boss for tax fraud, corruption

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JUST IN: Court jails ex-IMF boss for tax fraud, corruption

A Madrid court on Friday sentenced former International Monetary Fund chief Rodrigo Rato to more than four years in prison for tax crimes, money laundering and corruption.

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Judges found Rato who was also a former economy minister in Spain, guilty of “three offences against the treasury, one offence of money laundering and one offence of corruption between individuals,” the court announced in a statement.

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Details to follow…

AFP

 

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