Rodrigo Rato

from Wikipedia, the free encyclopedia
Rodrigo Rato (2004)

Rodrigo de Rato y Figaredo (born March 18, 1949 in Madrid ) is a former Spanish Minister of Economic Affairs and was the managing director of the International Monetary Fund (IMF) from May 2004 to October 2007 .

Life

Rato studied economics in the USA and received his doctorate in this subject from the Complutense University of Madrid . From the beginning of the 1980s he held leadership positions in the conservative Partido Popular (PP) and in 1996 became its deputy general secretary . After the electoral victory of the PP under José María Aznar in March 1996, Rato became second Vice Prime Minister and Minister of Economics and Finance and held this post until the Aznar government was defeated in the Spanish parliamentary elections on March 14, 2004.

On May 4, 2004, the 24-person Executive Board of the International Monetary Fund announced that it had decided in favor of Rato as the successor to Horst Köhler in the position of Managing Director. On June 28, 2007, Rato announced that he would be stepping down in October 2007 for personal reasons. The former French Finance Minister Dominique Strauss-Kahn was elected as his successor .

In 2009 he became a member of the board of directors of Caja Madrid . On December 3, 2010 he became CEO of Bankia , which was created on that day through a merger of Spanish savings banks. On May 7, 2012, Rato resigned from his post. During his time at Caja Madrid and Bankia, he was responsible for a system of "black credit cards" issued to himself and to 20 executives and 63 board members, Rato, with which the beneficiaries were able to finance their private consumption at the expense of the bank and untaxed himself had booked 54,000 euros in this way. He reimbursed the amount after the Spanish anti-corruption prosecutor's office investigated the case.

On April 16, 2015, Rato was arrested by police at his home in the central Salamanca district of Madrid . Prosecutors charged him with money laundering, asset concealment and tax fraud. The former executive director of the IMF left his home handcuffed. The Spaniards learned earlier that Rato, like other top managers and board members, is said to have financed private spending through companies in the midst of the crisis. The Bankia -Geschäftsführung should also 2011 balances have faked the IPO, hundreds of thousands of small investors lost their money.

On February 23, 2017, Rodrigo Rato was sentenced to four and a half years in prison for misappropriating funds in connection with tarjetas black , the black credit cards. On October 3, 2018, the Supreme Court upheld the verdict. Rato, on the other hand, lodged a complaint with the Constitutional Court, but had to begin his prison sentence before the start of the proceedings of the last instance following a decision by the State Court.

Awards

swell

Web links

Commons : Rodrigo Rato  - Collection of images, videos and audio files

Individual evidence

  1. ↑ Rato dimite como presidente de Bankia at: economia.elpais.com , May 7, 2012.
  2. ↑ Leo Wieland : Land of Cockaigne in Spain's largest bankrupt bank , Frankfurter Allgemeine Zeitung , October 4, 2014
  3. ↑ Rodrigo Rato, detenido . elpais.com. Call of April 17, 2015
  4. ^ "La Audiencia condena a seis años de prisión a Blesa ya cuatro años y medio a Rato por las tarjetas black". In: El Mundo of February 23, 2017, accessed on February 24, 2017.
  5. ^ "El Tribunal Supremo mantiene a Rodrigo Rato la condena de cuatro años y medio por las tarjetas 'black'".
  6. ↑ Thomas Urban , Raffgier is not worth it , sz.de , October 24, 2018, accessed on October 25, 2018.
  7. ↑ List of all decorations awarded by the Federal President for services to the Republic of Austria from 1952 (PDF; 6.9 MB)
personal data
SURNAME Rato, Rodrigo
ALTERNATIVE NAMES Rato y Figaredo, Rodrigo de (full name)
BRIEF DESCRIPTION Spanish politician; Director of the IMF
DATE OF BIRTH March 18, 1949
PLACE OF BIRTH Madrid