Christine Lagarde has in France to court. Reason is a controversial million payment to her time as French Economy Minister. The French Court of Cassation dismissed their appeal. Thus, the head of the International Monetary Fund (IMF) has been put on the Court of the Republic.
The former economy minister is accused of negligence. It is about suspected Lagarde could have permits to Bernard Tapie in her time as a member of the government offensive a compensatory payment of around EUR 400 million. The businessman had seen bruised by the former state bank Crédit Lyonnais on the sale of its shares in German sportswear manufacturer Adidas, and complained about it.
Lagarde, who was from 2007 to 2011 French Economy Minister, was at that time the green light for the arbitration, the politically well-connected entrepreneur Tapie 2008 money zusprach. The award had triggered strong criticism because of its height, until today running investigation.
Lagarde himself described the allegations and the investigation against them is always “completely unfounded” as. Your lawyer Patrick Maisonneuve regretted the decision of the Supreme Court. But he stressed that this was not the content is concerned with the allegations. “This debate will take place before the Court of the Republic, and I am convinced that this will dispel any responsibility by Mrs Lagarde,” he said.
The Court of the Republic is a special court that French for breaking the law government members has jurisdiction under their office.
The case for years already makes headlines. Lagarde had been heard on the matter several times by corruption investigators in August 2014, a prosecution case against them was initiated. If convicted, you could face up to a year in prison and 15,000 euros fine.
early December 2015 had an appeal court Tapie sentenced to repay the award from 2008 returning compensation.
the IMF said its chairman of the trust. The Fund’s Board was informed about the “recent developments” and have continued confidence in Lagarde ‘abilities to perform their duties, “said IMF spokesman Gerry Rice in Washington.
No comments:
Post a Comment