2oceansvibe News | South African and international news

Sponsored by RSAWeb rss
2ov Radio
  • Home
  • About
    • Terms and Conditions
    • Seth Rotherham
  • du Cap Collection
  • Café du Cap
  • Cabine du Cap
  • Media Packs / Advertising
  • Contact
    • Contact
    • Anonymous Tips
    • Twitter
    • Facebook
Seth Rotherham
  • Spanish Activists Looking To Sue Former Bank Manager For Financial Crisis

    12 Jun 2012 by Jasmine Stone in Business, Culture, Economics, Politics, Very Cool, Vibe, Video, World
    Related Posts
    • Tourist Tries To Kiss Snake With Predictable Results In Viral Video [Video]
    • Locals Surprised To Share Economy Class With Roger Federer On Joburg Flight [Video]
    • Storm In A Teacup As Cotton On Sells Blikbekers For R199
    • Caitlyn Jenner Goes Nuts Over Trans Athlete Coming In Second Place In Women's Race
    • Thursday Morning Spice

    Spanish activists are raising a large private fund to pay for a civil action suit against Rodrigo Rato – the former chairman of Bankia, one of the banks central to the Spanish financial crisis. The fundraiser is following the usual decentralized online-activist structure, with members organizing themselves under the #QuerellaPaRato (“Lawsuit for Rato”) hashtag.

    The fund is aiming to raise the 15 000 euros that filing the lawsuit is expected to cost.

    Says Al Jazeera:

    In the first 12 hours of the campaign, organisers reported that dozens of Bankia shareholders, as well as former employees, agreed to testify against Rato in a lawsuit. According to a survey by Spanish paper El País, 91% of respondents want an investigation of Rato’s management of Bankia…

    “Bankia did not last even two years; how is it that Rodrigo Rato leaves his position, hastily and receiving millions in compensations without anyone in an institution having asked nothing before, without anyone asking for an explanation, and nobody asking for an investigation? The Spanish political class is complicit in covering up anything that could have happened, and even more troubling, will continue to do so.”

    The funds raised are also going towards hiring private investigators to build up a dossier on Rato’s wrongdoings when heading Bankia, in the hopes of generating enough evidence to bring criminal charges against the disgraced banker.

    [Source: AJ]

    • ← The Brothers Streep Release New Track: “Hold On” [VIDEO]
    • Jack Daniel’s And Bees – What’s Going On Here? [VIDEO] →
    • Tweet
    • Tags:
    • activism
    • activist
    • crisis
    • Europe
    • Finance
    • financial crisis
    • hacktivist
    • rata
    • rodrigo rata
    • Spain
    • Twitter

    Latest News

    • Time To Feel Small Again – Webb Telescope Stares Deeply Into The Starry Heart Of A Galaxy Far, Far, Far Away [Video]

      [imagesource: esa/nasa/csa/j.leeandthephangs-jwstteam] This is your occasional reminder...

    • Karaoke Rage: 12 People Have Been Killed For Singing Frank Sinatra’s ‘My Way’

      [imagesource:ctm] Old Blue Eyes may have done things his way in New York, but the Frank...

    • “Australia’s Worst Female Serial Killer” Pardoned After 20 Years

      [imagesource:twitter/abc] A woman once branded "Australia's worst female serial killer"...

    • Government’s National Health Insurance Plans Might “Leave All South Africans Worse Off”

      [imagesource:flickr] Minister of Health, Zweli Mkhize, proposed a National Health Insur...

    • Explore Spotify Songs That Nobody Has Ever Heard Before With Forgotify

      [imagesource:instagram] Ever thought of all the songs that have never ever been heard o...


    • 2oceansvibe Partners

    • CONTACT US
    • GOT A HOT STORY?
    • 2oceansvibe Radio
    • 2oceansvibe Media
    • Media Pack
    • Seth Rotherham
    • Café du Cap
    • Cabine du Cap
    • Cape Town City Accommodation
    • Terms & Conditions
    • Business
    • Media
    • Entertainment
    • Tech/Sci
    • World
    • Travel
    • Lifestyle
    • Sport
    • Politics
  • Follow

    2oceansvibe.com is part of the 2oceansVibe Media Group

    DMMA Logo