the head of The international monetary fund (IMF), French Christine Lagarde (60), is convicted of misconduct, after having approved a payout to a French businessman.
But she lets go of the fengselstraff, according to nyhetsbyråene AFP and AP.
- Has since July 2011 been the head of The international monetary fund, IMF
- Industry minister of France 2005-2007, in 2007, the minister of finance 2007-2011.
- Born in Paris 1. January 1956, Christine Lallouette
- a degree in law in France and the united STATES, with labor law as a specialty
Source: BBC, NTB, Wikipedia
Board of directors of the IMF convene shortly to discuss the judgment against the fund’s chief Christine Lagarde.
– the Board of directors has on previous occasions gathered to assess the development in the French trial. It is expected that the board will soon convene again to consider the latest developments, says The international pengefondets spokesman Gerry Rice in a statement.
Board of directors of the IMF was aware of the case even before she took over as manager in 2011. She took over the position after Dominiquie Strauss-Kahn, who was under investigation in a sex scandal.
Apply payout of 400 million euros
Monday’s judgment fell in the Cour de Justice de la République, a special court that is considering cases against government officials who are accused of having broken the law. The case was decided by a panel of judges and parliamentarians. The IMF boss stayed in Washington and was not present in the courtroom.
– We would have preferred a clear and simple disputed this claim. But it is important to note that the court decided not to idømme Lagarde any penalty, says her defender Patrick Maisonneuve.
Lagarde was indicted for gross negligence that led to the abuse of public funds.
the Case concerns a payout of just over 400 million euros in compensation to the French financier Bernard Tapie. Tapie received the replacement after it was meklet up a settlement in a prolonged dispute between him and the state bank Credit Lyonnais.
It was one of then-president Nicolas sarkozy’s close supporters, Bernard Tapie, and his company, who received the money from the partly state-owned bank Credit Lyonnais.
the Police suspected that the mediation was beneficial for Tapie because he supported Sarkozy in the presidential election campaigns in 2007.
Lagarde was finance minister and approved that the dispute went to mediation. The now 73-year-old Tapie was later ordered to pay back the money.
Lagarde has on its side all of the time rejected that she has done something wrong.
Skattedom
Tapie is known as the former owner of the football club Olympique Marseille.
They won the Champions Leauge under his leadership in 1993, but was then demoted because of kampfiksing and economic talks between iran. Tapie was convicted for this.
He is also the former convicted of tax evasion.
Lagardes fate was decided by the three judges and twelve members of parliament from both chambers of the national assembly, in a spesialrett for the ministers.
Prosecutor Jean-Claude Marin said on Thursday that he does not support a judgment against Lagarde.
Already in 2015, recommended the prosecution that the case should henlegges, the court granskningskomité decided nevertheless to go ahead.
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