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MADRID, Spain (AP) - Spain's top banker was acquitted Thursday of charges of misappropriation of funds and mismanagement stemming from hefty severance packages paid to departing executives.
The ruling by the National Court absolved Santander Central Hispano Chairman Emilio Botin, as well as former co-Chairman Jose Maria Amusategui and former Chief Executive Angel Corcostegui.
The charges were linked to payments made to Amusategui and Corcostegui when they left the bank in 2001 and 2002, respectively.
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