Paris (dpa) – IMF chief Christine Lagarde has because of a controversial million payment to her time as French Economy Minister in court. The Paris Court of Cassation dismissed her objection back on Friday.
The 60 years old Frenchwoman so expect a trial for negligence in office before the Paris Court of the Republic. The International Monetary Fund (IMF) sees his confidence in the confirmed just for a second term financial expert but not shaken.
It’s about the suspect did Lagarde negligence compensation payment of good makes 400 million euros to Bernard Tapie. 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 was 2007-2011 Finance Minister under former President Nicolas Sarkozy.
Lagarde was at that time the green light for the arbitration which the politically well-connected entrepreneur Tapie 2008 zusprach the money. 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 French woman is at the head of the International Monetary Fund since 2011th The Executive Board was informed of the process, said spokesman Gerry Rice on Friday. You trust continues to Lagarde’s ability to carry out its work.
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 one year in jail and EUR 15 000 fine.
In December decided the inquiry commission of Justice of the Republic to bring Lagarde in court. The decision came at the time surprising: The prosecution had previously requested that the proceeding. Lagarde went immediately in revision, without success. The basis for the decision of the Supreme Court only the question whether the reasoning is sufficient for the decision of the Commission of Inquiry.
The Court of the Republic is a special court which is responsible for breaking the law French government members as part of their duties. When the process could begin, is still unclear.
In early December an appeal court Tapie had condemned to repay the award declining compensation. This decision was confirmed by the Court of Cassation recently.
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