IMF's Lagarde to stand trial in Tapie case
Paris
FRANCE'S highest appeals court ruled on Friday that International Monetary Fund (IMF) chief Christine Lagarde must stand trial for her role in a 400 million euro (S$600 million) state payout in 2008 to businessman Bernard Tapie. She was French finance minister at the time.
The court rejected her appeal against a judge's order last December for her to stand trial at the Cour de Justice de la Republique, a special court that tries ministers for crimes in office.
Her lawyer Patrick Maisonneuve expressed regret over the decision and said he was convinced that the tr…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Luxury sector outlook clouded by China’s slow recovery
TikTok CEO expects to defeat US restrictions: ‘We aren’t going anywhere’
TikTok artists and advertisers to stay with app until ‘door slams shut’
Biden signs Ukraine aid, TikTok ban Bills after Republican battle
UAE announces US$544 million for rain repairs, says lessons 'learned'
HSBC says growing Chinese wealth fuels client investments in US