Judge Convicts IMF’s MD, Lagarde For Negligence & Misuse Of Public Funds

By -


The International Monetary Fund managing director, Christine Lagarde was found guilty by French judge of negligence for failing to challenge a €400 million state arbitration payout to a business tycoon in 2008 when she was French finance minister.

Despite the ruling the judges did not give any sentence in the case on her decision to allow the rare out-of-court arbitration payment. She has denied the negligence charges.

Her lawyer said immediately after the ruling that his team would look into appealing the decision.

The ruling risks triggering a new leadership crisis at the International Monetary Fund after Ms Lagarde’s predecessor Dominique Strauss-Kahn resigned in 2011 over a sex assault scandal.

Comments

Post a Comment

Popular posts from this blog

At Last Toyin Aimakhu’s Alleged Lover Speaks

By -
Image
Toyin Aimakhu’s alleged boyfriend, Seun Egbegbe has finally spoken out about the relationship he shares with the light skinned actress. It will be recalled that many people had accused Toyin of running into the arms of Seun, a movie marketer/producer shortly after having issues with her husband, Niyi Johnson. Though Toyin has kept mute on this, she has however through different instagram posts said she is not having an affair at the moment and wants journalists to leave her alone. Well, Biodun Kupoluyi, the Editor-in-chief of E24-7 Magazine who also doubles as the publisher, ran into Seun and they had a sit-down chat on TOYIN! Enjoy! There was a report you beat your girlfriend, Toyin Aimakhu while she was working in a movie location, collected your car gift from her, what exactly did she do  to make you act that way? She actually went to a movie location on November 20, and I travelled out of the country to Dubai a day before that, that is November 19. I got back on 28th November,
Read more

SCANDAL!!!: Amber Rose and Other Models in Internet Prostitution Scam--Get the Details

By -
Image
Amber Rose's likeness and name have been used to allegedly lure women into prostitution. According to TMZ, police are investigating a company that was soliciting models "for a paid celebrity photoshoot and clothing line." Up-and-coming models who saw the advertisement on Instagram and later contacted the business were reportedly told Amber was a key person in picking the models. Eventually, a purported FaceTime session between the model and Amber would be set up. When the prospective models called in, however, the company would reportedly use an old video from Amber's Ustream that would ultimately result in a bad connection. "If ur receiving emails or Text from amberrosemuva@gmail.com dat ain't me Bih," Amber tweeted over the weekend. "Apparently that email has been Facetiming my fans 2 with an old ustream I did then hanging up saying they had bad reception smh." She added, "Tricky f--ks....Very creative tho. I'll give them that.&
Read more