Former Bankinter president Jaime Botín accepted a sentence of nine months in prison and a fine of 506,134 euros for allegedly defrauding one million euros through the “artificial” relocation of a private plane in Portugal, where there are no taxes for this type of activity. Legal sources reported that the defense of Botín reached an agreement in accordance with the Prosecutor’s Office and the State Attorney’s Office, which will be ratified next Monday.

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