MADRID, 28 Oct. (EUROPA PRESS) -
The Supreme Court has ratified the acquittal of the 34 defendants in the trial for Bankia's IPO, including the former president of the entity and former director general of the IMF, Rodrigo Rato, for crimes of fraud against investors and accounting falsehood.
Legal sources have confirmed to Europa Press that the High Court has dismissed the two appeals that were filed against the decision that the National High Court adopted in September 2020.
The ruling of the National High Court ensured that there was not a single piece of information that could lead to harboring even the mere well-founded belief that the accused had abandoned their functions.