On 29 September, the BBC reported that the former head of Spain’s Bankia bank, Rodrigo Rato, and 33 other defendants have been acquitted of defrauding investors and false accounting in the bank’s stock listing in 2011. Bankia came to be a symbol of Spain’s financial crisis when the scale of its losses became clear in 2012. Some 300,000 small investors lost out when their shares became worthless.
https://www.bbc.com/news/world-europe-54338784
https://uk.news.yahoo.com/ex-imf-chief-acquitted-spanish-114540062.html
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