The Local France

Lagarde to keep job as IMF chief despite negligence conviction

Tue, 20 Dec 2016 09:10:58 +0100

IMF chief Christine Lagarde will keep her job despite being convicted on Monday by a French court for negligence over a €400 million payout to tycoon Bernard Tapie.

IMF chief Lagarde found guilty of negligence over €400m tycoon payout

Mon, 19 Dec 2016 16:30:51 +0100

International Monetary Fund head Christine Lagarde was convicted of negligence on Monday in her trial for approving a massive state payout to a tycoon when she was French finance minister.

IMF chief Lagarde to face trial over €400m payout

Thu, 17 Dec 2015 17:34:17 +0100

IMF chief Christine Lagarde will face trial on a charge of negligence over a whopping €4.3 million payout to tycoon Bernard Tapie.

France urged to drop probe against IMF chief

Wed, 23 Sep 2015 12:57:07 +0200

The French public prosecutor's office on Tuesday requested the dismissal of a negligence case against IMF chief Christine Lagarde linked to her role in an arbitration case while she was finance minister.

IMF board expresses confidence in Lagarde

Sat, 30 Aug 2014 11:23:00 +0200

The board of the International Monetary Fund has reiterated its support for Managing Director Christine Lagarde, after a French court placed her under formal investigation in a graft scandal.

IMF board to review Lagarde's legal problems

Fri, 29 Aug 2014 10:34:59 +0200

International Monetary Fund board members will meet "as soon as possible" to review the situation of their chief Christine Lagarde, who was placed under formal investigation in Paris this week for alleged "negligence".

IMF chief Lagarde 'charged' in French probe

Wed, 27 Aug 2014 13:13:00 +0200

The head of the IMF, Christine Lagarde has been placed under formal investigation in France on allegations of "negligence" after a probe into suspected corruption dating from her time as French finance minister.

IMF chief Lagarde denies wrongdoing over payout

Thu, 20 Mar 2014 09:27:00 +0100

The chief of the IMF Christine Lagarde again insisted she was innocent of any wrongdoing in relation to a high profile corruption probe when she was questioned by prosecutors in France on Wednesday. "I have always acted in the interests of my country," she said.

French tycoon Tapie charged with corruption

Sat, 29 Jun 2013 11:44:00 +0200

Flamboyant tycoon Bernard Tapie was charged with fraud on Friday in the latest twist of a French corruption probe threatening to embroil IMF chief Christine Lagarde.

French tycoon Tapie held over corruption scandal

Mon, 24 Jun 2013 14:36:00 +0200

Controversial French tycoon Bernard Tapie was taken into custody on Monday by investigators probing an alleged corruption scandal which has embroiled IMF chief and ex-French finance minister Christine Lagarde.

Orange chief faces fraud charges in Lagarde probe

Wed, 12 Jun 2013 20:16:00 +0200

The head of Orange France (formerly operating as France Telecom) was charged with fraud on Wednesday by French police investigating alleged corruption involving French politician and IMF chief Christine Lagarde.

Police arrest Orange chief in Lagarde probe

Mon, 10 Jun 2013 16:21:00 +0200

The head of Orange France (formerly operating as France Telecom) has been held by police investigating alleged corruption involving French politician and IMF chief Christine Lagarde, it was revealed on Monday.

French judge in Tapie case probed for fraud

Thu, 30 May 2013 10:31:00 +0200

The French legal system was rocked this week after revelations emerged surrounding two judges in high profile corruption cases. As one judge was placed under investigation for fraud, questions were also raised about a colleague probing the Bettencourt affair.

IMF's Lagarde in 12 hour court grilling

Sat, 25 May 2013 10:35:00 +0200

IMF chief Christine Lagarde's future was at stake Friday as French prosecutors grilled her for a second day to decide if she should be charged over a state payout to a disgraced tycoon when she was finance minister.

IMF's Lagarde spends second day in court

Fri, 24 May 2013 10:53:00 +0200

IMF chief Christine Lagarde is spending a second day being questioned by French prosecutors on Friday as part of a probe into a €400 million state payout to disgrace businessman Bernard Tapie. If Lagarde is charged she could be forced to quit the IMF.

IMF's Lagarde in Paris for high stakes court grilling

Thu, 23 May 2013 11:00:00 +0200

French prosecutors investigating corruption are set to decide on Thursday whether to charge IMF chief Christine Lagarde over her handling of a row that resulted in a €400 million payout being paid to disgraced businessman Bernard Tapie.

French court summons IMF's Lagarde

Thu, 18 Apr 2013 10:51:00 +0200

IMF chief Christine Lagarde has been summoned to testify in a French court, her lawyer confirmed on Thursday. Lagarde will give evidence as part of a probe into a €285 million arbitration payment made to businessman Bernard Tapie when she was a government minister.

IMF confirms faith in Lagarde after police raid

Thu, 28 Mar 2013 17:29:41 +0100

The IMF said Thursday said it remains confident in Managing Director Christine Lagarde despite a French probe into her handling of a high-profile scandal when she was a government minister.

French police raid Paris home of IMF chief

Wed, 20 Mar 2013 14:25:00 +0100

French police on Wednesday raided the Paris home of IMF chief Christine Lagarde, AFP reported. The raid is linked to an investigation into a €285 million arbitration payment made to businessman Bernard Tapie.

DSK was 'excellent' IMF head: Lagarde

Mon, 11 Jul 2011 12:31:00 +0200

Dominique Strauss-Kahn was an "excellent" IMF director, his new successor Christine Lagarde said Sunday, but added that the international institution will need time to heal from the recent scandal that forced his resignation.