IMF’s Lagarde guilty of ‘negligence’ but avoids sentence over 2008 payout

IMF’s Lagarde guilty of ‘negligence’ but avoids sentence over 2008 payout

A French court on Monday convicted International Monetary Fund chief Christine Lagarde of “negligence” for her role in a controversial €400 million payout to a French tycoon in 2008 while she was finance minister. The Court of Justice did not hand down a sentence, a decision welcomed by her lawyer, Patrick Maisonneuve, as a “partial” […]

IMF chief Lagarde to stand trial over state payout to French tycoon Tapie

IMF chief Lagarde to stand trial over state payout to French tycoon Tapie

France’s highest appeals court ruled on Friday that International Monetary Fund (IMF) chief Christine Lagarde must stand trial for her role in a 400-million-euros payout in 2008 to businessman Bernard Tapie. Lagarde, who has been at the helm of the IMF since 2011, was France’s finance minister at the time of the controversial payout. The […]