IMF chief Lagarde guilty of negligence over French payout case

Christine Lagarde, the managing director of the International Monetary Fund (IMF), has been convicted of negligence by a special French court.

IMF chief Lagarde guilty of negligence over French payout case
Mon, 19 Dec, 2016 - 15:25

Christine Lagarde, the managing director of the International Monetary Fund (IMF), has been convicted of negligence by a special French court for her role in a hugely contentious arbitration award to a businessman in 2008.

But Lagarde, who was France's finance minister at the time, has been spared punishment and a criminal record.

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