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Rodrigo de Rato y Figaredo (born 18 March 1949) is a Spanish politician. He served as Minister of the Economy of Spain from 1996 to 2004. He is a member of the conservative People's Party (PP). He was also First Deputy Prime Minister from 2003 to 2004. He became Managing Director of the International Monetary Fund (IMF) and served from 2004 to 2007.

Rodrigo Rato
Rodrigo de Rato y Figaredo.jpg
Managing Director of the International Monetary Fund
In office
7 June 2004 – 1 November 2007
Preceded byHorst Köhler
Succeeded byDominique Strauss-Kahn
First Deputy Prime Minister of Spain
In office
3 September 2003 – 17 April 2004
Prime MinisterJosé María Aznar
Preceded byMariano Rajoy
Succeeded byMaría Teresa Fernández de la Vega
Second Deputy Prime Minister of Spain
In office
6 May 1996 – 4 September 2003
Prime MinisterJosé María Aznar
Preceded byJuan Antonio García Díez
Succeeded byJavier Arenas
Minister of Economy and Competitiveness
In office
27 April 2000 – 17 April 2004
Prime MinisterJosé María Aznar
Preceded byPosition established
Succeeded byPedro Solbes
Minister of Economy and Finance
In office
5 May 1996 – 27 April 2000
Prime MinisterJosé María Aznar
Preceded byPedro Solbes
Succeeded byCristóbal Montoro (Finance)
Personal details
Born
Rodrigo de Rato y Figaredo

(1949-03-18) 18 March 1949 (age 70)
Madrid, Spain
Political partyPeople's Party (temporarily resigned membership)[1]
Spouse(s)Gela Alarcó
Children3
ParentsRamón Rato
Aurora Figaredo
Alma materComplutense University of Madrid
University of California, Berkeley

Rato was arrested on 16 April 2015 for alleged fraud, embezzlement and money laundering.[2][3] His name appeared in the Panama Papers.[4] On 23 February 2017, Rato was found guilty of embezzlement and sentenced to 4 ½ years' imprisonment.[5]

ReferencesEdit

  1. "Ex-IMF chief temporarily resigns PP membership over credit card probe". El Pais. 21 October 2014. Retrieved 22 October 2014.
  2. «Rato, detenido en el registro de su vivienda en Madrid por supuestos delitos de fraude y blanqueo.» RTVE. Retrieved 16 April 2015.
  3. "Spanish police search home and off ex-IMF chief Rodrigo Rato". BBC News. 16 April 2015. Retrieved 16 April 2015.
  4. Europa Press (18 April 2016). "Rodrigo Rato, también en los 'Papeles de Panamá'". europapress.es.
  5. Jones, Sam (23 January 2017). "Former IMF chief gets four years in jail for embezzlement in Spain". The Guardian. Retrieved 24 February 2017.