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” […]