IMF chief to be questioned again in French corruption case
Quotes

IMF chief to be questioned again in French corruption case

Last Updated: Friday, March 14, 2014, 23:09
 
 Comment 0
 
IMF chief to be questioned again in French corruption case
Paris: Christine Lagarde, the head of the International Monetary Fund, is once again due to be questioned in an ongoing French corruption case, sources close to the case said today.

Lagarde will be questioned Wednesday by a special court that probes cases of ministerial misconduct over her role in a USD 556,000 state payout made to disgraced tycoon Bernard Tapie in 2008, the anonymous sources said.

Prosecutors working for the Court of Justice of the Republic suspect he received favourable treatment in return for supporting Nicolas Sarkozy in the 2007 presidential election.

They have suggested Lagarde -- who at the time was finance minister -- was partly responsible for "numerous anomalies and irregularities" which could lead to charges for complicity in fraud and misappropriation of public funds.

Five people have been indicted in the case, including a top aide to Lagarde at the time, and the court already last year interviewed her as a witness.

She was questioned again at the end of January this year.

The payout to Tapie was connected to a dispute between the businessman and the Credit Lyonnais bank.



AFP

First Published: Friday, March 14, 2014, 23:05


Comments


comments powered by Disqus
Forbes Best Places for Biz 2014
Forbes Best Places for Biz 2014
Hyundai Elite i20
Hyundai Elite i20
John Kery with Indian Biz Honchos
John Kery with Indian Biz Honchos
Honda Mobilio MPV
Honda Mobilio MPV
Tata Zest first drive review: In pics
Tata Zest first drive review: In pics

Web Wrap
Contact Us : Privacy Policy : Legal Disclaimer
Copyright © Zee Media Corporation Ltd. All rights reserved