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.

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"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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