Criminal Chamber of
the National Court has agreed to acquit the 34 defendants in the trial for
, among them the former president of the entity and the IMF, Rodrigo Rato, for crimes of fraud against investors and accounting falsehood.
The ruling highlights that the IPO had the approval of all supervisors -
Bank of Spain
-, that the prospectus contained "broad and accurate" financial and non-financial information and highlights that in the trial only Generic attitudes of the accused were exposed and not concrete acts.
According to the criteria of The Trust Project
Empresas Sánchez says that the State "is far" from recovering the Bankia bailout and that the ICO "is the public bank"
EmpresasMoody's warns that the merger of Bankia and CaixaBank "will not create a stronger bank"
EmpresasCalviño relies on "confidentiality" to justify that Podemos did not know about the merger
See links of interest
Roland Garros: Egor Gerasimov - Rafa Nadal, live
Fulham - Aston Villa
Bologna - Parma
Liverpool - Arsenal