THE former boss of disgraced bank Bankia has been accused of laundering money through a network of German and English businesses.
The tax authorities insist Rodrigo Rato, an ex-government minister, used a number of companies to move money around.
Rato, who also formerly led the International Monetary Fund (IMF), is now to face a further money laundering probe.
The National Office of Fraud Investigation has discovered links between Bagerpleta GmbH, a German hotel proprietor of which Rato is a trustee, and Kradonara SL, the sister company to the Rato-owned British business Vivaway Ltd.