The highest French appeal court ruled Friday that the Managing Director of International Monetary Fund (IMF), Christine Lagarde, will go on trial for his role in a payment of 400 million euros to businessman Bernard Tapie when she was minister Finance in France.
the court rejected the appeal of Lagarde against the decision of a judge in December which found that the executive should go to trial in the Court of Justice of the Republic, a special court that judges alleged crimes of members of the cabinet of ministers.
the lawyer Lagarde, Patrick Maisonneuve, said he regretted the decision and said he was convinced that the trial would prove the innocence of the head of the IMF in the French case .
research of justice revolves around an allegedly irregular government arbitration favoring the businessman Bernard Tapie in 2008, when Lagarde was finance minister of France under President Nicolas Sarkozy.
Tapie received compensation of 403 million euros (448 million dollars), amount approved by a court in private arbitration and not by one of common law by official decision, which, by the amount of money, raised suspicions of French justice.
the French justice now seeks to determine whether Lagarde intervened and decided that it was a private court which pronounced the judgment on the favorable issue to the employer and expatrón of the sports firm Adidas.
Just last February Lagarde was re-elected by the Executive Board for a new five-year high against the position he was elected in 2011 following the resignation of his predecessor, Dominique Strauss-Kahn, following a sex scandal that starred in a New York hotel.
MCM
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