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Spanish authorities search ex-IMF chief Rato's office for 2nd day

Former IMF chief Rodrigo Rato is flanked by police as he leaves his office in madrid, on April 17, 2015Spanish tax authorities carried out new searches of former IMF chief Rodrigo Rato’s Madrid offices in a money-laundering probe as the country questioned whether he had been made a scapegoat in the ruling Popular Party’s anti-corruption drive. Rato is already being investigated for alleged fraud during his time as chief executive at Bankia, a Spanish bank which needed to be bailed out by the government. The 66-year-old told El Pais newspaper that he was “actively cooperating with investigators” in the new investigation. Spain’s state prosecutor ordered the searches as part of a probe into suspected money laundering, fraud and asset-stripping, a source close to the investigation told AFP.

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