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posted by on Friday December 23 2016, @07:02AM   Printer-friendly
from the too-important-for-rules dept.

The BBC reports:

A French court has found International Monetary Fund chief Christine Lagarde guilty of negligence but did not hand down any punishment.

As French finance minister in 2008, she approved an award of €404m ($429m; £340m) to businessman Bernard Tapie for the disputed sale of a firm.

The IMF board said it retained "full confidence" in her leadership.

She said she would not appeal against the ruling: "There's a point in time when one has to just stop, turn the page and move on and continue to work with those who have put their trust in me."

The French government also confirmed its confidence in Ms Lagarde, who was reappointed to a five-year term at the IMF in February.

Also at the Wall Street Journal (paywalled).


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  • (Score: 2) by Bot on Friday December 23 2016, @11:45AM

    by Bot (3902) on Friday December 23 2016, @11:45AM (#445011) Journal

    From a phone convo:

    - Hello Christine!
    - Hello, so, any news?
    - Hehe you bet, we set up two different terror attacks from two different sides, and an ISIS video on top, there is no way anybody will put the trial on front page.
    - Oui, I meant news about the trial, this is a normal phone line, remember.
    - Merde... Yes! good news! Guilty of course but no penalty!
    - Bon.
    - Do you want to appeal?
    - Le Fuck, nope! Au revoir! (click)

    --
    Account abandoned.
    Starting Score:    1  point
    Karma-Bonus Modifier   +1  

    Total Score:   2