Tags: imf | chief | investigation | lagarde

French Court Orders Investigation Into IMF Chief

Thursday, 04 Aug 2011 08:18 AM

PARIS — A French court ordered an investigation on Thursday into the role of IMF head Christine Lagarde in a huge settlement paid to a businessman friend of President Nicolas Sarkozy when she was finance minister.

The Court of Justice of the Republic, a special tribunal qualified to judge ministers, announced its decision after meeting for several hours to examine the results of a preliminary probe by a judiciary panel.

Lagarde, who replaced Dominique Strauss-Kahn as managing director of the International Monetary Fund in July, has denied any misconduct in her approval of a 285-million-euro payment to Bernard Tapie to settle a long-running legal dispute with a former state-owned bank.

© 2015 Thomson/Reuters. All rights reserved.

1Like our page
2Share
Newsfront
PARIS A French court ordered an investigation on Thursday into the role of IMF head Christine Lagarde in a huge settlement paid to a businessman friend of President Nicolas Sarkozy when she was finance minister.The Court of Justice of the Republic, a special tribunal...
imf,chief,investigation,lagarde
109
2011-18-04
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved