Rodrigo de Rato Figaredo

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Person.png Rodrigo de Rato Figaredo  Rdf-icon.png
(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
Children 3
Parents • Ramón Rato
• Aurora Figaredo
Spouse Gela Alarco
Party People's Party,  (temporarily resigned membership)
Bilderberg embezzler

Employment.png First Deputy Prime Minister of Spain

In office
3 September 2003 - 17 April 2004

Employment.png Second Deputy Prime Minister of Spain

In office
6 May 1996 - 4 September 2003

Employment.png Minister of Economy and Competitiveness

In office
27 April 2000 - 17 April 2004

Employment.png Minister of Economy and Finance

In office
5 May 1996 - 27 April 2000
Preceded by Pedro Solbes Mira

Rodrigo de Rato y Figaredo is a Spanish political figure who served in the government of Spain as Minister of the 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.

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.[1][2] His case was still awaiting trial a year later when his name appeared in the Panama Papers.[3] Despite his prior assurances that he did not own companies in tax havens,[4] apparently he used two offshore companies to avoid taxes on millions of euros kept overseas.[5] It has been reported that he owes taxes to both the Spanish and Panamanian governments.[6]

On 23 February 2017, Rato was found guilty of embezzlement and sentenced to 4 ½ years' imprisonment.[7]


 

Events Participated in

EventDateLocation(s)
Bilderberg/199221 May 1992 - 24 May 1992Royal Club Evian
Evian-les-Bains
France
Bilderberg/19942 June 1994 - 5 June 1994Helsinki
Finland


References

  1. «Rato, detenido en el registro de su vivienda en Madrid por supuestos delitos de fraude y blanqueo.» RTVE. Retrieved 16 April 2015.
  2. "Spanish police search home and off ex-IMF chief Rodrigo Rato". BBC News. 16 April 2015. Retrieved 16 April 2015.<templatestyles src="Module:Citation/CS1/styles.css"></templatestyles>
  3. Europa Press (18 April 2016). "Rodrigo Rato, también en los 'Papeles de Panamá'". europapress.es.<templatestyles src="Module:Citation/CS1/styles.css"></templatestyles>
  4. Íñigo de Barrón (17 April 2015). "Rodrigo Rato: "No tengo sociedades en paraísos fiscales ni fuera de la UE"". EL PAÍS.<templatestyles src="Module:Citation/CS1/styles.css"></templatestyles>
  5. EUROPA PRESS. MADRID (18 April 2016). "Nacional - Rodrigo Rato: Más de 3,6 millones de euros en dos offshore". diariodenavarra.es.<templatestyles src="Module:Citation/CS1/styles.css"></templatestyles>
  6. "Rodrigo Rato dejó a deber dinero incluso a la Hacienda de Panamá". ELMUNDO. Retrieved 2016-04-18.<templatestyles src="Module:Citation/CS1/styles.css"></templatestyles>
  7. Jones, Sam (23 January 2017). "Former IMF chief gets four years in jail for embezzlement in Spain". The Guardian. Retrieved 24 February 2017.<templatestyles src="Module:Citation/CS1/styles.css"></templatestyles>