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Former IMF head Rodrigo Rato on trial over bankers' luxury sprees Rato will stand trial with 65 other former bank executives over allegations they spent $13.5m on personal expenses Former IMF chief Rodrigo Rato stands trial on Monday accused of overseeing a "corrupt system" that helped him and other executives misuse funds on hotels, parties and luxury shopping when he was a Spanish bank boss. Uncovered in 2013 by a journalist who saw a hacked email alluding to "black credit cards", the case threatens to land the former economy minister and onetime star of the...
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