IMF's Lagarde found guilty in French tycoon payout trial
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
GMT 15:29 2017 Tuesday ,19 December
Macron, Jordanian king discuss JerusalemGMT 14:05 2017 Friday ,13 October
FM phones French counterpart ahead of UNESCO's runoff electionGMT 18:23 2017 Sunday ,01 October
Saudi-French relations discussedGMT 17:03 2017 Sunday ,01 October
Saudi Arabia, France discuss boosting bilateral relationsGMT 20:35 2017 Friday ,22 September
Algerian, French PMs mull over phone relationsRussia 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 launc...Read More
GMT 09:43 2019 Monday ,19 August
Live a calm atmosphere in your career
GMT 07:45 2017 Sunday ,19 November
Driverless,electric future just round
GMT 12:30 2018 Friday ,14 December
Noriaki Kasai: 30 years of World Cup ski-jumping
GMT 18:58 2017 Wednesday ,05 April
Belgium pleads to end impunity at Syria conference in Brussels
GMT 09:07 2024 Thursday ,08 February
UTair flight makes emergency landing in Russia’s Yekaterinburg
GMT 10:47 2018 Sunday ,07 October
Bahrain hosts World Robotics Olympiad2018GMT 12:37 2011 Thursday ,06 October
Living in: Shanghai
GMT 15:11 2017 Sunday ,02 July
Five killed in Abu Dhabi road accidents during Eid
GMT 13:58 2017 Wednesday ,04 October
Trump arrives in storm-hit Puerto Rico
GMT 05:29 2017 Thursday ,13 April
Greece completes sale of 14 airports
GMT 03:41 2017 Friday ,21 April
Students, job seekers explore options at Ghedex in Oman
GMT 12:47 2017 Thursday ,09 February
Furyk adjusts selection criteria for US Ryder Cup teamGMT 12:31 2011 Monday ,19 September
For a lasting monsoon look
GMT 10:27 2017 Wednesday ,13 December
Strikes kill 12 in rebel-run Yemen prison camp
GMT 08:50 2016 Thursday ,29 December
Social media may have spurred multiple mall fights across US
GMT 10:11 2017 Tuesday ,25 April
McLaren Automotive appoints Jens Ludmann as COO
GMT 08:14 2017 Tuesday ,05 December
Nissan to begin field tests for 'robo-taxis'
GMT 10:46 2016 Monday ,07 March
Slovakia's Fico explores coalition options after election setback
GMT 00:57 2017 Friday ,17 February
Sudan opposition chief Mahdi to return from exile: Party
GMT 16:53 2017 Tuesday ,22 August
Singer Shatha Hassoun was robbed
GMT 16:00 2013 Wednesday ,30 October
Viktor & Rolf launches limited edition Flowerbomb
GMT 14:27 2017 Thursday ,10 August
Electricity Minister in talks with Orascom-Edra consortiumGMT 21:05 2011 Tuesday ,10 May
Thousands of scantily-clad women to march in London
GMT 20:25 2017 Sunday ,30 April
Sisi honors 12 senior unionits on occasion of Labor Day
GMT 06:10 2017 Monday ,13 March
Carvana hires banks for IPO
GMT 20:24 2017 Friday ,24 February
Mohamed bin Zayed receives US Senator John McCain
GMT 11:03 2017 Wednesday ,01 March
Asala declares her solidarity with George Wassouf
GMT 19:56 2017 Sunday ,26 February
Jewish settlers storm al-Aqsa Mosque vicinity
GMT 09:05 2017 Tuesday ,24 January
Dengue, zika virus, chikungunya kill 796 in Brazil in 2016
GMT 05:14 2015 Sunday ,15 February
Texting over apps for treatment of mental illnessGMT 15:07 2011 Thursday ,10 February
Mido has to accept another cut-price deal to stay at Boro
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