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Main » 2015 » December » 18 » IMF chief is accused of criminal negligence
IMF chief is accused of criminal negligence

Managing Director of the International Monetary Fund Christine Lagarde officially summoned to court for trial on charges of criminal negligence.



In 2008-2010, when Lagarde served as finance minister of France, it had approved the payment of compensation in excess of 400 million Euros in favor of the controversial French businessman Bernard Tapie, for his share in the company Adidas. Litigation between Tapie and the bank Credit Lyonnais, lasted from the 1990s.

The investigation of the case began in 2011, almost immediately after the appointment of Lagarde to head the IMF, and the charges against her were put forward in 2014.

Lagarde's lawyer issued a statement that the call will be contested by the Court.

It should be noted that, provided that the charges are proved, the head of the IMF faces a prison sentence and a fine.

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