French court Lagarde questioning in a corruption case

French court Lagarde questioning in a corruption case


Posted: Friday, May 24, 2013
Paris (dpa) - A French court yesterday began questioning Director of the International Monetary Fund Christine Lagarde for her role in the payment of a large sum to a businessman in 2008 when she was minister of finance in the country.
It is suspected that Lagarde '57-year-old' arranged arbitration proceedings led the country to pay compensation of more than 285 million euros ($ 369 million) to Bernard Tapie in 2008 when she was Minister of Finance.
Tapie was the primary owner of the Adidas company was allegedly fraud on the part of the Bank of Credit Lyonnais, when state-owned arranged the sale of the company producing sports clothes and tools in 1992.



The prosecution suspects that Lagarde embezzled public funds because the funds covered by the dispute settlement process came from the State Treasury, a charge denied by Lagarde, who took the Ministry of Finance in the period from 2007 to 2011.

The IMF expressed confidence that Lagarde can effectively carry out their duties despite the investigation. And ends its presidency of the Fund in 2016.
And achieved Christine Lagarde, the first woman to hold the Directorate of International Monetary Fund (IMF), up quickly delivers it to the top elites global Baanmaúha and the behind the impenetrable shield and the image often can not be conservative in essence depth.

"Lagarde" is accused of fraud and embezzlement of public funds



Paris - AFP: Christine Lagarde returned Friday morning to appear again before the French judiciary to make بأقوالها on resolving a dispute with businessman Bernard Tapie, in a second day of trial essential for the future of the Director of the International Monetary Fund. Lagarde and threw that looked smiling salute to reporters who were waiting.
In response to a question about the "psychological state", did not provide any answer but they stopped for a few seconds to allow photographers to take pictures of her. And made Lagarde, which served as economy minister between 2007 and 2011 during the reign of former French President Nicolas Sarkozy, بأقوالها over 12 hours Thursday about its choice for asylum in that period to arbitration particular to end the dispute Old between the bank, "Credit Lyonnais" and Bernard Tapie on the purchase of Adidas for clothing and tools Sports, Tapie is allowed to receive 400 million euros in 2008.
And able judges of the Court of Justice of the Republic, the Commission authorized the trial for abuses committed by ministers during the performance of their duties, issued their decision after this meeting to charge for Christine Lagarde to "complicity in fraud and embezzlement of public funds."