Newsletter Newsletters Events Events Podcasts Videos Africanews
Loader
Advertisement

IMF Chief Christine Lagarde loses appeal, ordered to stand trial for negligence

IMF Chief Christine Lagarde loses appeal, ordered to stand trial for negligence
Copyright 
By Euronews
Published on
Share Comments
Share Close Button
Copy/paste the article video embed link below: Copy to clipboard Copied

International Monetary Fund chief Christine Lagarde is to stand trial from December 12 for her role in a 400-million-euro payout when she was France’s Economy…

International Monetary Fund chief Christine Lagarde is to stand trial from December 12 for her role in a 400-million-euro payout when she was France’s Economy Minister.

The country’s highest appeals court rejected her request not to go to court for alleged negligence resulting in the misuse of public funds. She is accused of improperly approving an out-of-court settlement over a dispute with businessman Bernard Tapie.

Tapie, a supporter of Conservative former President Nicolas Sarkozy is awaiting the outcome of an appeal against an order to reimburse the French state.

Go to accessibility shortcuts
Share Comments

Read more

Former French minister Bernard Tapie and his wife tied up and beaten during a burglary at their home

UniCredit challenges Italy’s golden power decree in court amid EU concerns

The Qatar Economic Forum fuels ambition and innovation