Rodrigo de Rato Figaredo

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Person.png Rodrigo de Rato Figaredo  Rdf-entity.pngRdf-icon.png
(politician)
Rodrigo de Rato Figaredo.jpg
BornRodrigo de Rato y Figaredo
1949-03-18
Madrid, Spain
NationalitySpanish
Alma materComplutense University of Madrid, University of California, Berkeley
Criminal charge
embezzlement
Criminal penalty
4½ years' imprisonment
Parents • Ramón Rato
• Aurora Figaredo
Children3
SpouseGela Alarco
Interest ofCésar Alierta
PartyPeople's Party, (temporarily resigned membership)
Bilderberg 1992, 1994, 2005 and 2007, embezzler, money laundering, IMF managing director, Panama Papers

Employment.png Bankia/President

In office
3 December 2010 - 7 May 2012
Until its bankruptcy

Employment.png First Deputy Prime Minister of Spain

In office
3 September 2003 - 17 April 2004
Succeeded byPedro Solbes Mira

Employment.png Second Deputy Prime Minister of Spain

In office
6 May 1996 - 4 September 2003

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.[1] 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.[2][3] His case was still awaiting trial a year later when his name appeared in the Panama Papers.[4] Despite his prior assurances that he did not own companies in tax havens,[5] apparently he used two offshore companies to avoid taxes on millions of euros kept overseas.[6] It has been reported that he owes taxes to both the Spanish and Panamanian governments.[7]

Embezzlement

On 23 February 2017, Rato was found guilty of embezzlement and sentenced to 4½ years' imprisonment.[8]


 

Events Participated in

EventStartEndLocation(s)Description
Bilderberg/199221 May 199224 May 1992France
Royal Club Evian
Evian-les-Bains
The 40th Bilderberg. It had 121 participants.
Bilderberg/19942 June 19945 June 1994Finland
Helsinki
The 42nd Bilderberg, in Helsinki.
Bilderberg/200731 May 20073 June 2007Turkey
Istanbul
The 55th Bilderberg meeting, held in Turkey
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References