July 5, 2012
by Sung Un Kim
A Spanish court on Wednesday opened the case against former executives of Bankia, including former IMF-chief Rodrigo Rato, for allegations of fraud, price-fixing and falsifying accounts. The Supreme Court of Spain accepted the case but did not determine a specific date for the hearings. The ...[read more]
June 8, 2012
by Sung Un Kim
Spain's public prosecutor's anti-corruption unit on Wednesday began its investigation against Bankia to determine whether there is sufficient ground to take penal action against the nationalized company. This measure was initiated after public outrage against the government over its handling of ...[read more]

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