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
Chinese tourists are again embracing international travel
Abu Dhabi raises US$5 billion with first eurobonds in three years
Thailand’s 500 billion baht handout aims to boost overall economy, not geared to poor: official
German business sentiment rises more than expected in April: Ifo
Indonesia’s central bank surprises with “pre-emptive” rate hike to cushion falling rupiah
Prabowo’s aide says Indonesia doesn’t need another rate hike