The trial of Rodrigo Rato has reached its conclusion, with the Public Ministry maintaining its initial request of 63 years in prison for the ex-minister. Prosecutor Elena Lorente highlighted Rato’s controlling character, stating that he was the star accused among 16 other defendants.
The prosecutor emphasized Rato’s extraordinary power and skills for control and command, noting his efforts to hinder the investigation with numerous appeals. The prosecutor also pointed out Rato’s attempts to obscure his actions and hide wealth abroad, which only partially surfaced during a tax amnesty in 2012.
Rato was accused of manipulation and opacity in his financial affairs, declaring only partial assets and attempting to avoid paying the full amount owed to the Spanish Public Treasury. The prosecutor cited the Supreme Court ruling on the Grtel case to support the argument that Rato’s tax regularization was insufficient.
Defenses are still being presented before sentencing will be handed down. The trial has shed light on a complex web of financial deceit and manipulation, revealing corrupt practices among high-profile individuals in positions of power.