Spain court confirms 4.5-year jail term for ex-IMF chief Rato

AFP  |  Madrid 

Spain's on Wednesday confirmed former IMF Rodrigo Rato's jail sentence of four years and six months for misusing funds, which is expected to see him enter prison soon.

In February 2017, Rato was found guilty by another court of paying for personal expenses with credit cards put at his disposal when he was the boss of Caja and Bankia, but had since then been free on bail pending an appeal.

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First Published: Wed, October 03 2018. 17:50 IST