Monday, December 19, 2016

The IMF boss is sentenced guilty of negligence – Dagens Næringsliv

Law

the Head of the international monetary fund is judged guilty of negligence, but do not get a fine or fengselstraff.

the Article is added to your reading list.

the head of The international monetary fund (IMF), Christine Lagarde, is known to be guilty of misconduct in the period when she was France’s finance minister, reports news agency AFP.

despite the ruling, the French court did not punish her for the relationship.

Lagarde was indicted for misconduct in connection with a forlikssak in his time as France’s finance minister.

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.

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 is not suspected of personal to have got some benefits of the case, but she is accused of gross negligence that led to the abuse of public funds.

– 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.

LikeTweet

No comments:

Post a Comment