France investigating Lagarde in multimillion-dollar payout case
http://dervishcom.blogspot.com/2011/08/france-investigating-lagarde-in.html
The International Monetary Fund, already tainted by the attempted rape charges filed against its former managing director, Dominique Strauss-Kahn, is now dealing with fresh troubles involving its newest chief, Christine Lagarde.
On Thursday, a French court launched a criminal investigation into allegations that Lagarde abused her power when she served as France's finance minister and oversaw a dispute involving multimillion-dollar payouts to a French business tycoon.
The decision by the Court of Justice of the Republic, which investigates actions by senior French government officials, is yet another headache for the IMF, the Washington-based organization that lends money to troubled governments and developing nations.
Read full article >>Michael A. Fletcher 05 Aug, 2011
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Source: http://feeds.washingtonpost.com/click.phdo?i=d965dc16e664816e5984e1058f4e1e12
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