The National Court acquits Rato and the other 33 defendants in the trial for the listing of Bankia

The

the National Court has agreed to acquit the 34 defendants in the trial for

IPO

, 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 -

,

,

and

-, 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

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