Trial for IMF boss

Weekend Argus (Saturday Edition) - - NEWS -

PARIS: France’s high­est ap­peals court has ruled IMF chief Chris­tine La­garde must stand trial for her role in a

400 mil­lion (R6.3bn) state pay­out in 2008 to busi­ness­man Bernard Tapie.

She was French fi­nance min­is­ter at the time when she signed off on the de­ci­sion to seek a ex­tremely rare out-of­court set­tle­ment in a dis­pute be­tween the state and Tapie, cost­ing tax-pay­ers dearly.

Her case may go to trial be­fore the be­fore the end of the year.

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