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 21:45 2017 Saturday ,25 March
AL team in Algiers on Sunday in preparation for elections
GMT 19:33 2018 Thursday ,01 November
Hamas, Islamic Jihad agree to keep anti-Israeli marches "popular, peaceful"
GMT 14:00 2014 Tuesday ,04 November
Bashir, Salva Kiir hold talks
GMT 16:11 2016 Wednesday ,23 March
United Nations envoy to Libya cancels visit to TripoliGMT 20:47 2011 Friday ,24 June
TV\'s Columbo, Peter Falk, dead at 83
GMT 12:47 2017 Friday ,11 August
ISIS launched consecutive attacks targeting Syrian regime forcesGMT 14:55 2011 Tuesday ,03 May
Tank-backed Syrian forces take control of Daraa
GMT 13:06 2017 Tuesday ,26 September
Erdogan threatens Iraqi Kurds with border closure, oil blockGMT 06:30 2011 Monday ,06 June
William and Kate to live in Kensington Palace
GMT 08:09 2013 Thursday ,08 August
Toshiba introduces a wide range of laptops, Satellite
GMT 18:33 2017 Thursday ,28 December
Human Rights Watch accuses Yazidis of executing civilians
GMT 14:04 2015 Saturday ,11 July
New computer programme may fix billion-dollar bit rot problemGMT 13:03 2012 Monday ,06 February
\'Jack and Jill\' sets new low for comedies
GMT 05:58 2017 Tuesday ,21 February
Five dead as plane crashes into Melbourne shopping centre
GMT 13:38 2017 Sunday ,12 March
‘Kong: Skull Island’ film review
GMT 11:44 2015 Monday ,24 August
Maldives ex-president Nasheed back in jail
GMT 21:44 2018 Thursday ,13 December
EU leaders offer to 'demystify' Brexit deal but won't change backstop
GMT 14:43 2015 Sunday ,24 May
Sisi's participation in WEF highly importantGMT 10:24 2011 Wednesday ,25 May
Initiative to nurture democratic transitions in middle eastGMT 22:40 2011 Saturday ,27 August
Saudi prince in Mogadishu
GMT 01:24 2015 Monday ,23 March
Al-Araby, Algerian PM discuss regional crisis
GMT 09:16 2017 Thursday ,27 April
Illegal immigration dominates “5+5 Defense” Initiative in Algeria
GMT 02:17 2016 Thursday ,24 November
Chief of Staff receives US Army Central Commanding General
GMT 17:47 2016 Wednesday ,01 June
Egypt, Hungary probe anti-suicide efforts
GMT 00:32 2016 Tuesday ,01 November
Crown Prince of Abu Dhabi meets President of BelarusGMT 06:41 2011 Monday ,12 December
Right diet fixes all dental problems
GMT 16:31 2014 Tuesday ,14 October
Vice-president and Abu Dhabi crown prince receive Kuwaiti emir
GMT 16:45 2017 Tuesday ,24 October
Sisi : agreed with Macron to step up anti-terror cooperation
GMT 19:38 2017 Wednesday ,30 August
Iraqi army announces Tal Affar is close to be liberated
GMT 07:36 2017 Monday ,31 July
Bin Salman receives leader of Sadrist movement
GMT 15:30 2014 Thursday ,24 April
Four Seasons launches 6 figure jet tour
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor