Rodrigo Rato

IMF Chief Convicted Over Payout

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play videoMs Lagarde said earlier that the trial had put her and her family through a As French finance minister in 2008, she approved an award of €404m ($429m; £340m) to businessman Bernard Tapie for the disputed sale of a firm. Ms Lagarde was not present in the court in Paris for the verdict, having … Read more

IMF Chief Christine Lagarde Convicted Over Payout

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A French court has found International Monetary Fund chief Christine Lagarde guilty of negligence but did not hand down any punishment. As French finance minister in 2008, she approved an award of €404m ($429m; £340m) to businessman Bernard Tapie for the disputed sale of a firm. Lagarde, who always denied wrongdoing, was not present in … Read more