Jail for Santander bank boss

LAST UPDATED: 24 Mar, 2011 @ 14:03
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Jail for Santander bank boss

THE CEO of Spanish bank Santander has been given a jail sentence and banned from working as a banker for three months.

Spain’s Supreme Court has upheld Alfredo Saenz’s previous 2009 conviction for false claims and increased his sentence from six to eight months.

Saenz, 68, was found guilty of making false accusations against Banesto’s clients in the 90s when he was head of the bank, which is now part of Santander.

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