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.