IMF's Lagarde found guilty in French tycoon payout trial
Image Credit: AP International Monetary Fund chief Christine Lagarde, right, arrives at the special Paris court, France, on December 12.
PARIS - Arab Today
French judges on Monday found IMF chief Christine Lagarde guilty of negligence for failing to challenge a 400 million euro ($417 million) state arbitration payout to a business tycoon in 2008 when she was French finance minister.
Despite the ruling the judges did not hand down any sentence in the case on her decision to allow the rare out-of-court arbitration payment. She has denied the negligence charges.
Her lawyer said immediately after the ruling that his team would look into appealing the decision.
The ruling risks triggering a new leadership crisis at the International Monetary Fund after Lagarde's predecessor Dominique Strauss Khan resigned in 2011 over a sex assault scandal
source : gulfnews
- Thursday ,06 December GMT 16:53 2018 Prominent Rwandan activist Diane Rwigara acquitted of 'insurrection'
GMT 16:53 2018 Thursday ,06 December
Prominent Rwandan activist Diane Rwigara acquitted of 'insurrection'GMT 21:37 2018 Friday ,23 November
Bahrain's efforts to protect women's rights praisedGMT 14:39 2018 Tuesday ,30 October
Russia and China can overcome US sanctions pressureGMT 13:31 2018 Tuesday ,30 October
Women wrestlers take on tradition in south IraqGMT 14:19 2018 Friday ,12 October
Women's strides in Bahrain and UAE highlightedGMT 19:31 2018 Thursday ,11 October
Young Egyptian woman serves as minister for a dayGMT 19:46 2018 Wednesday ,10 October
Bahrain keen on promoting peace, security globallyGMT 19:06 2018 Wednesday ,10 October
South Korea reviews DPRK sanctions "Kang Kyung-wha"
Economic conference on investment opportunities in Syria kicks off
Bucharest - SANA
With the participation of 120 representatives of Romanian companies, Chambers of Commerce and industry, An economic conference on “Reconstruction in Syria between the development of economic steadfastness and the opportunities ofRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launched from the Baikonur CosmodromeLiverpool, Manchester City seek neighbours' help in title chase
London - DPA
Liverpool and Manchester City will be looking for a little help from their not-so-friendly neighbours this weekend. The Premier League front-runners face each other's local rivals when City host Everton and Liverpool take on Manchester United. Liverpool jumped above City at theBlue light in smartphones linked to blindness and some cancers
Spain - DPA
Ever since we have started to become chained to our smartphones and tablets, people have been saying that the waves coming off these devices must be bad for us. So often laughed off as conspiracy theorists, it now looks more and moreFestive Fashion by Dubai-based designer ASMARAÏA
Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
GMT 18:29 2018 Tuesday ,23 October
More displaced families return to their homes via Abu al-Dohor corridor
GMT 17:15 2018 Tuesday ,02 January
Egypt hangs four convicted of killing three military students in 2015 bombing
GMT 05:03 2017 Wednesday ,09 August
More HIV Cases among Chinese Students
GMT 06:33 2017 Sunday ,08 October
Pamela Adlon found a niche in Hollywood
GMT 04:42 2017 Tuesday ,26 September
UN chief Guterres pledges solidarity with Iraqi government
GMT 00:33 2017 Wednesday ,15 November
UN envoy proposes amendment of Skhirat Agreement
GMT 14:17 2017 Tuesday ,11 April
Turkey says tests confirm sarin used in Syria attack
GMT 03:55 2017 Sunday ,05 March
Egypt's Lake Nasser comes second on NASA's Best Astronaut Photos of 2016
GMT 13:25 2017 Wednesday ,29 November
Camille Claudel art sale breaks records
GMT 07:27 2017 Sunday ,12 February
Al Qubaisi heads FNC delegation to Speakers of Arab Parliaments meetings
GMT 13:12 2018 Sunday ,09 December
Armenia’s ex-President Kocharyan arrested and placed in detention facility
GMT 22:59 2016 Sunday ,22 May
Ken Loach says austerity has 'brought us to near catastrophe'
GMT 07:50 2017 Friday ,10 March
The story of Fawzi al-Qawuqji and the fight for Arab liberationGMT 08:54 2011 Tuesday ,12 April
Clinton demands Gadaffi to step down
GMT 23:26 2017 Monday ,09 October
Sex attacks leave Rohingya children fearful in Bangladesh’s camps
GMT 01:31 2017 Friday ,09 June
Turkey's Erdogan vows fight against enemies as returns to lead party
GMT 08:03 2017 Friday ,27 January
Eddine Belmahdi prepares new collection for Haifa
GMT 16:43 2017 Thursday ,21 September
California suing to block Trump border wall
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor