Spanish authorities search ex-IMF chief Rato's office for 2nd day

[WorldNews]

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Spanish tax authorities carried out new searches of former IMF chief Rodrigo Rato's Madrid offices in a money-laundering probe as the country questioned whether he had been made a scapegoat in the ruling Popular Party's anti-corruption drive. Rato is already being investigated for alleged fraud during his time as chief executive at Bankia, a Spanish bank which needed to be bailed out by the government. The 66-year-old told El Pais newspaper that he was "actively cooperating with investigators" in the new investigation. Spain's state prosecutor ordered the searches as part of a probe into suspected money laundering, fraud and asset-stripping, a source close to the investigation told AFP.

 

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