Tag Archives: In Court Facing Questions Od Embezzlement And Fraud

Mish/ MIke Shedlock – Christine Lagarde, Head Of IMF, In Court Facing Questions Od Embezzlement And Fraud – 24 May 2013

mish-image-15%Christine Lagarde, head of the IMF, is in court today addressing her role in a $366 million payout to Bernard Tapie, a close friend of former president Nicolas Sarkozy who was also Lagarde’s boss at the time. Lagarde was Sarkozy’s finance minister. Reuters reports IMF’s Lagarde in court for French arbitration case.

IMF chief Christine Lagarde was questioned in court by French magistrates on Thursday over her role in a 285-million-euro ($366 million) arbitration payment made to a supporter of former president Nicolas Sarkozy.
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