Trial begins of Spain’s top banker

The trial of Emilio Botin, the chairman of Spain’s most powerful bank, Santander Central Hispano, has started in Madrid.

Mr Botin is accused of misusing the bank’s funds after he approved the payment of 160m euros ($208m; £111m) in bonus and pension payouts to two former executives.

However, the trial was suspended when Mr Botin’s lawyer introduced a new set of documents on the day testimony was set to begin

Fraud trial for Spanish bank boss

A judge has ordered Spain’s top banker to stand trial on charges of tax fraud.

Emilio Botin, chairman of Santander Central Hispano, Spain’s largest bank, will be tried by the National Court, said Judge Teresa Palacios.

It is now up to a three-judge panel at the court to set a trial date for Mr Botin, who has been leading the Spanish bank’s recent bid for the UK’s Abbey