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IMF Chief Christine Lagarde to stand trial over Tapie affair: French court

France's highest appeals court dismissed Lagarde's appeal against the decision to try her for negligence in her handling of the affair

Christine Lagarde
Christine Lagarde, managing director of the International Monetary Fund, arrives for the Anti-Corruption Summit. Photo: AP/PTI
AFPPTI Paris
Last Updated : Jul 22 2016 | 6:21 PM IST
IMF Chief Christine Lagarde was ordered on Friday by a French court to stand trial over a massive state payout to a controversial tycoon when she was economy minister.

France's highest appeals court dismissed Lagarde's appeal against the decision to try her for negligence in her handling of the affair, which saw Bernard Tapie walk away with 404 million euros ($445 million) in taxpayer money in 2008.

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First Published: Jul 22 2016 | 6:13 PM IST

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