Rodrigo de Rato Figaredo

Rodrigo de Rato Figaredo   (politician)
Born	Rodrigo de Rato y Figaredo 1949-03-18 Madrid, Spain
Nationality	Spanish
Alma mater	Complutense University of Madrid, University of California, Berkeley
Criminal charge	embezzlement
Criminal penalty	4½ years' imprisonment
Parents	• Ramón Rato • Aurora Figaredo
Children	3
Spouse	Gela Alarco
Party	People's Party, (temporarily resigned membership)
Bilderberg 1992, 1994, 2005 and 2007, embezzler, money laundering, IMF managing director, Panama Papers  Bankia/President In office 3 December 2010 - 7 May 2012 Until its bankruptcy  Managing Director of the International Monetary Fund In office 7 June 2004 - 1 November 2007 Deputy John Lipsky Preceded by Horst KöhlerAnne Krueger Succeeded by Dominique Strauss-Kahn  First Deputy Prime Minister of Spain In office 3 September 2003 - 17 April 2004 Succeeded by Pedro Solbes Mira  Second Deputy Prime Minister of Spain In office 6 May 1996 - 4 September 2003  Spain/Minister of Economy and Competitiveness In office 27 April 2000 - 17 April 2004 Preceded by Rodrigo de Rato Figaredo Succeeded by Pedro Solbes Mira  Spain/Minister of Economy and Finance In office 5 May 1996 - 27 April 2000 Preceded by Pedro Solbes Mira Succeeded by Rodrigo de Rato Figaredo

Rodrigo de Rato y Figaredo is a Spanish politician who was Spanish Minister of Economy from 1996 to 2004; a member of the conservative People's Party (PP), he was also First Deputy Prime Minister from 2003 to 2004. Subsequently he became Managing Director of the International Monetary Fund (IMF) and served from 2004 to 2007. Later he was convicted of embezzlement. He was awaiting trial a year later when his name appeared in the Panama Papers.

Career

He left the IMF on 31 October 2007, after the World Bank-IMF annual meetings. He was president of Bankia between 3 December 2010 and until its bankruptcy 7 May 2012.

Rato was arrested on 16 April 2015, and charged with fraud, embezzlement and money laundering. His case was still awaiting trial a year later when his name appeared in the Panama Papers. Despite his prior assurances that he did not own companies in tax havens, apparently he used two offshore companies to avoid taxes on millions of euros kept overseas. It has been reported that he owes taxes to both the Spanish and Panamanian governments.

Embezzlement

On 23 February 2017, Rato was found guilty of embezzlement and sentenced to 4½ years' imprisonment.

 

Events Participated in

Event	Start	End	Location(s)	Description
Bilderberg/1992	21 May 1992	24 May 1992	France Royal Club Evian Evian-les-Bains	The 40th Bilderberg. It had 121 participants.
Bilderberg/1994	2 June 1994	5 June 1994	Finland Helsinki	The 42nd Bilderberg, in Helsinki.
Bilderberg/2007	31 May 2007	3 June 2007	Turkey Istanbul	The 55th Bilderberg meeting, held in Turkey

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