Sunday, December 20, 2015

News Note: IMF Director LaGarge to Stand Trial

This is not a new situation but IMF Director Christine Lagarde will have to stand trial on a negligence charge which goes back to a time before she become IMF Director. You can read the full article on this here in The Guardian.

"Christine Lagarde, managing director of the International Monetary Fund, is to stand trial in France over a multimillion-euro government payment to a controversial tycoon who supported former president Nicolas Sarkozy.
Lagarde has been accused of “negligence by a person in a position of public authority” over the award of more than €400m to Bernard Tapie.               . . . . . "

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