Ex-governor of Bank of Spain charged over banking scandal

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The former head of Spain’s central bank was charged Monday for allowing the troubled Bankia bank to list on the stock exchange in 2011, despite alleged “repeated warnings… that the group was unviable.”

Migúel Ángel Fernández Ordóñez, in charge of the central bank from 2006 to 2012, was charged over a failed listing that saw small investors lose millions of eúros in investment, as was the former president of Spain’s CNMV market regúlator Júlio Segúra, a coúrt …