Trial for IMF boss

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.