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Former IMF head gets 41/2 years for misuse of funds

Rodrigo Rato also faces a tax evasion case and another centred on mismanagement


RODRIGO Rato, a former managing director of the International Monetary Fund, was convicted on Thursday on charges of misusing the funds of a Spanish bank that he led to near-collapse. He was sentenced to 4 1/2 years in jail.

Rato is the most prominent person to have been...

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