French judges have found IMF chief Christine Lagarde guilty of negligence for failing to challenge a 400 million euro state arbitration payout to a business tycoon in 2008 when she was French finance minister. Rosanna Philpott reports.
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Tag Archives: Bernard Tapie
IMF’s Lagarde stands trial over state payout
International Monetary Fund chief Christine Lagarde stands trial for her role in a 400 million euro payout as French finance minister in 2008 to businessman Bernard Tapie, at the Cour de Justice de la Republique, saying she is confident she has done nothing wrong. Mia Womersley reports. Continue reading
Negligence trial in France casts shadow over IMF’s Lagarde
IMF chief Christine Lagarde is to go on trial for her role in a 400 million euro ($425 million) state payout to businessman Bernard Tapie in 2008 when she was France’s finance minister.