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IMF's Lagarde to stand trial in Tapie case
reuters ^ | Jul 22, 2016 7:24pm IST

Posted on 07/22/2016 8:19:41 AM PDT by BenLurkin

France's highest appeals court ruled on Friday that International Monetary Fund chief Christine Lagarde must stand trial for her role in a 400 million euros ($440 million) state payout in 2008 to businessman Bernard Tapie.

She was French finance minister at the time.

The court rejected her appeal against a judge's order in December for her to stand trial at the Cour de Justice de la Republique, a special court that tries ministers for crimes in office.

Her lawyer Patrick Maisonneuve expressed regret over the decision and said he was convinced that the trial would show she was innocent.

IMF spokesman Gerry Rice said that its executive board had been briefed on the matter and continued to have confidence in Lagarde's capacity to carry out her functions.

(Excerpt) Read more at in.reuters.com ...


TOPICS: Business/Economy
KEYWORDS: imf; lagarde

1 posted on 07/22/2016 8:19:41 AM PDT by BenLurkin
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To: BenLurkin
International Monetary Fund chief Christine Lagarde must stand trial for her role in a 400 million euros ($440 million) state payout in 2008 to businessman Bernard Tapie.

I wonder if she spirited Qaddafi's gold as well?

2 posted on 07/22/2016 8:28:31 AM PDT by Navy Patriot (America, a Rule of Mob nation)
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To: BenLurkin

She needs to call Comey and Lynch. They know how to deal with these things.


3 posted on 07/22/2016 8:33:08 AM PDT by nomorelurker
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To: BenLurkin

So, isn’t this the second IMF head in a row who has been prosecuted criminally?


4 posted on 07/22/2016 8:42:08 AM PDT by circlecity
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To: circlecity

the second french IMF head - having been married to a french woman and been in that group of people, there is no such thing as an honest french business


5 posted on 07/22/2016 9:10:54 AM PDT by Jolla
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