Rato defends his heritage – The Economist

He denies having moved 12 million euros in foreign currency between 2011 and 2013 and defrauding the treasury for that amount.

The newspaper El Mundo published Rato heritage and how have defrauded the Treasury Spanish. Photo: Reuters

Rodrigo Rato, former finance minister of Spain and former International Monetary Fund, said his heritage is “well below “of the nearly 27 million ascribed Hacienda, while denied ever devoted to empty their societies, none of which he insisted is located in tax havens” or outside the European Union. “

“My heritage is much diminished. The 27 million is nothing real number that is not supported, “said Rato, referring to the figures on their property which published the newspaper El Mundo.

Not only that, but denies the accusation that disappoint 1.42 million of income tax of individuals in 2012 and 2013, a more than 120,000 euros in which is set the limit to be considered a tax offense, since in those two years was not working debt.

This is because in 2012, only worked for Bankia until he left him in May of that year, after which “almost” did not work.

“In 2013 It worked somewhat, but in any case, my income is far from these figures, “said

According to the same newspaper., the tax office he blames for having defrauded the company tax amounting to 939.741 euros in the years 2011, 2012 and 2013 with some companies linked to him and moved 12 million in currency.

“I have not moved 12 million in any currency, even in euros, in my life” said blunt former banker, explaining that no dedicated “to buy or sell currency”, and although it has “been able to transfer money in different currencies” has ever managed “those numbers.”

Hacienda also accuses him of despatrimonializar companies to avoid paying bail in court proceedings having open through a series of transactions “have taken place with great intensity in 2014 and 2015 and could lead to potential financial liabilities” that may be required Rato in the trial of Bankia “.

Again, Rato sharply rejects and replied that he had not” sold nothing, not a building “in those years, but states that if you have” been able to sell something ” such as shares, “was to pay something, like a credit.”

What we do recognize is owning society VivaWay but emphasizes that he does not “do any business with Gibraltar”.

“I’ve never driven a hard Gibraltar” Rato said sharply, although it clarifies that the law firm working for that company has an office in the territory. Yet again insists that he has “no society in any tax or outside the EU paradise.”

Also supports have a 44% stake in the company that owns Hotel Berlin Mitte in Catalonia German, but it is “impossible” for 17 million euros copper rent the property when its category prevents you “generate that amount, even in billing” capital, he said.

They block their accounts

In an unusual and drastic measure, Enrique de la Hoz judge, who occupies the court 35 of Plaza de Castilla (Madrid), informed the three employers in the financial sector, AEB, CECA and UNACC, indicating its partners blocking current accounts, deposits, mutual funds and pension and other financial products whose holder is the former economy minister, Rodrigo Rato.

Enrique de la Hoz ordered the immediate blocking of all accounts and set a deadline of three days for banks and credit unions to send all financial positions of former minister.