imf has confidence in lagarde despite french case
Last Updated : GMT 18:42:45
Arab Today, arab today
Arab Today, arab today

IMF has confidence in Lagarde despite French case

Arab Today, arab today

Arab Today, arab today IMF has confidence in Lagarde despite French case

Washington - AFP

The IMF said Thursday said it remains confident in Managing Director Christine Lagarde despite a French probe into her handling of a high-profile scandal when she was a government minister. "It would not be appropriate to comment on a case that has been and that is currently before the French judiciary," International Monetary Fund spokesman Gerry Rice told reporters in a briefing. However, he added, "the executive board has been briefed on this matter, including recently, and continues to express its confidence in the managing director's ability to effectively carry out her duties." On March 20, French police raided Lagarde's Paris home in connection with the investigation into her decision in 2007, when she was minister in charge of the economy, to ask an arbitration panel to rule on a dispute between disgraced tycoon Bernard Tapie and the collapsed bank Credit Lyonnais. The arbitration resulted in Tapie being awarded around 400 million euros ($510 million). That outcome triggered outrage among critics who insisted the state should never have taken the risk of being forced to pay money to Tapie, a convicted criminal. The CJR, a French court established to assess potentially suspect actions by government ministers, deemed Lagarde's decision to send the Tapie case to arbitration "questionable" and has suggested that she was complicit in a process characterized by "numerous anomalies and irregularities." Lagarde's lawyer Yves Repiquet told AFP after the raid that his client was cooperating with the investigation. "Mrs Lagarde has nothing to hide," he said. Lagarde herself has said that the decision to send the Tapie case to arbitration was "the best solution at the time." Lagarde, 57, was chosen to lead the IMF in 2011 after her predecessor, ex-French politician Dominique Strauss-Kahn, was forced to resign after being arrested in New York in a scandal involving sex with a hotel chambermaid.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

imf has confidence in lagarde despite french case imf has confidence in lagarde despite french case

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

imf has confidence in lagarde despite french case imf has confidence in lagarde despite french case

 



Arab Today, arab today
Arab Today, arab today Jordanian woman reveals her project

GMT 00:46 2017 Saturday ,11 November

Jordanian woman reveals her project
Arab Today, arab today Prince's vision spurs new Cornwall village

GMT 03:12 2017 Saturday ,18 November

Prince's vision spurs new Cornwall village
Arab Today, arab today Keep kids busy at Thanksgiving gatherings

GMT 11:14 2017 Friday ,10 November

Keep kids busy at Thanksgiving gatherings
Arab Today, arab today Israel ready to cooperate with Saudi

GMT 06:31 2017 Friday ,17 November

Israel ready to cooperate with Saudi
Arab Today, arab today Presenter Sherine Ramahi proud of her career

GMT 06:46 2017 Sunday ,19 November

Presenter Sherine Ramahi proud of her career
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Australian academic's book pulled

GMT 15:20 2017 Monday ,13 November

Australian academic's book pulled
Arab Today, arab today May under Brexit pressure at EU reform summit

GMT 02:14 2017 Saturday ,18 November

May under Brexit pressure at EU reform summit
Arab Today, arab today Delhi half-marathon to go ahead

GMT 03:51 2017 Saturday ,18 November

Delhi half-marathon to go ahead
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Tesla unveils its all-electric semi truck

GMT 02:59 2017 Saturday ,18 November

Tesla unveils its all-electric semi truck
Arab Today, arab today Baidu speeds up AI progress

GMT 11:46 2017 Friday ,17 November

Baidu speeds up AI progress
Arab Today, arab today Hanan Metawe denies apology for “Major Treason”

GMT 12:22 2017 Thursday ,16 November

Hanan Metawe denies apology for “Major Treason”
Arab Today, arab today paObama climate envoy slams Trump's rejection

GMT 16:04 2017 Friday ,17 November

paObama climate envoy slams Trump's rejection

GMT 08:06 2017 Wednesday ,15 November

Ayten Amer happy for “The Flood” success

GMT 11:15 2017 Thursday ,16 November

Angola oil boss sacked by father's protege

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation

GMT 11:38 2017 Wednesday ,15 November

Unloved vultures fight for their survival

GMT 11:49 2017 Thursday ,17 August

Egyptian artist presents new collection of designs

GMT 06:13 2017 Friday ,17 November

Pope denounces healthcare inequality

GMT 05:18 2017 Thursday ,16 November

Boeing announces $27bn from flydubai

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday