IMF's Lagarde found guilty in French tycoon payout trial
International Monetary Fund chief Christine Lagarde, right, arrives at the special Paris court, France, on December 12.
PARIS - Arab today
French judges on Monday found IMF chief Christine Lagarde guilty of negligence for failing to challenge a 400 million euro ($417 million) state arbitration payout to a business tycoon in 2008 when she was French finance minister.
Despite the ruling the judges did not hand down 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 Lagarde's predecessor Dominique Strauss Khan resigned in 2011 over a sex assault scandal
source : gulfnews
- Wednesday ,29 August GMT 16:26 2018 Morocco, Cuba Start 'Unprecedented and Historic Era' in their Relations
- Wednesday ,29 August GMT 16:13 2018 Morocco, Dominican Republic Discuss Means to Promote Cooperation
- Sunday ,21 January GMT 18:51 2018 Tensions mount in Rohingya camps ahead of planned relocation to Myanmar
- Sunday ,21 January GMT 18:19 2018 Turkish state media say Turkey’s ground forces have entered Syrian Kurdish enclave
GMT 16:26 2018 Wednesday ,29 August
Morocco, Cuba Start 'Unprecedented and Historic Era' in their RelationsGMT 16:13 2018 Wednesday ,29 August
Morocco, Dominican Republic Discuss Means to Promote CooperationGMT 18:51 2018 Sunday ,21 January
Tensions mount in Rohingya camps ahead of planned relocation to MyanmarGMT 18:47 2018 Sunday ,21 January
Macron shares African outrage on Trump’s vulgar languageGMT 18:41 2018 Sunday ,21 January
Jordan urges Pence to rebuild trust after Jerusalem pivotGMT 18:37 2018 Sunday ,21 January
UN Security Council to discuss Syria on MondayGMT 18:23 2018 Sunday ,21 January
Iraqi court sentences to death German woman who joined DaeshGMT 18:19 2018 Sunday ,21 January
Turkish state media say Turkey’s ground forces have entered Syrian Kurdish enclave
Argentine peso starts to recover after two days of crashes
Buenos Aires - AFP
Argentina's peso began to recover on Friday as markets opened, making a tiny 0.68 percent gain after losing 20 percent of its value against the dollar over the previous twoTo partake in Beiteddine Festivals
Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
French renowned singer and supermodel, Carla Bruni, is expected to arrive this evening at Rafic Hariri International Airport in Beirut, accompanied by her husband, former French President Nicolas Sarkozy. BruniIn France
Microsoft to open 4 data centres
Paris - Al Maghrib Today
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onVAR in Champions League only from 2019-20 season
Moscow - AFP
UEFA are set to wait until next season before introducing Video Assistant Referees (VAR) in the Champions League, although they are still not ruling out having it in this season's final, president Aleksander Ceferin said on Friday. Ceferin has soFor $11.6 bn
Sanofi buys US haemophilia treatment firm
Paris - Al Maghrib Today
French pharmaceutical firm Sanofi said Monday it had reached an agreement to purchase US biotech company Bioverativ, which specialises in treatments for haemophilia and rare blood disorders, for $11.6 billion. Sanofi's chief executive Olivier Brandicourt said the acquisition "enhances itsParis show pays homage
To 'eternal style' of late Alaia
Paris - Al Maghrib Today
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opened Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led hisGMT 09:22 2018 Monday ,22 January
Skincare PR Performance Full Year 2017GMT 11:03 2018 Wednesday ,24 January
New hunt for flight MH370 gets under wayGMT 10:57 2017 Thursday ,21 December
Modern colorful bedroom renovationGMT 13:56 2018 Tuesday ,23 January
Puigdemont candidate for Catalan presidentGMT 10:47 2018 Wednesday ,24 January
Turkey detains dozens moreGMT 10:46 2018 Tuesday ,16 January
The Rake announces editorial updatesGMT 11:51 2018 Tuesday ,23 January
Europe brings on charm and blue skiesGMT 10:46 2017 Tuesday ,19 December
For the Variety of Interior Design StylesGMT 13:44 2018 Monday ,22 January
US Christian tourists see deep meaningGMT 10:03 2018 Tuesday ,23 January
Amazon to open first cashierless shop
GMT 10:24 2016 Wednesday ,23 March
cartoon fifteen
GMT 10:22 2016 Wednesday ,23 March
cartoon thirteen
GMT 10:19 2016 Wednesday ,23 March
cartoon nine
GMT 10:17 2016 Wednesday ,23 March
cartoon six
GMT 10:20 2016 Wednesday ,23 March
cartoon ten
GMT 10:21 2016 Wednesday ,23 March
cartoon eleven
GMT 09:56 2016 Wednesday ,23 March
cartoon one
GMT 10:16 2016 Wednesday ,23 March
cartoon five
GMT 09:58 2016 Wednesday ,23 March
cartoon three
GMT 10:18 2016 Wednesday ,23 March
cartoon seven
GMT 10:23 2016 Wednesday ,23 March
cartoon fourteen
GMT 09:58 2016 Wednesday ,23 March
cartoon four
GMT 10:18 2016 Wednesday ,23 March
cartoon eight
GMT 10:22 2016 Wednesday ,23 March
cartoon twelve
GMT 09:57 2016 Wednesday ,23 March
cartoon two
GMT 13:55 2017 Wednesday ,13 December
San Francisco mayor, city's first Asian-American leader, dies
GMT 17:55 2017 Saturday ,23 December
Russia's Sistema, Rosneft settle dispute over Bashneft
GMT 06:19 2014 Monday ,07 April
All-new 2015 Cadillac Escalade
GMT 13:54 2018 Monday ,08 January
Frances McDormand wins actress drama Globe for 'Three Billboards'
GMT 08:59 2018 Monday ,08 January
Crackdown won’t prevent change from coming to Iran
GMT 18:23 2018 Saturday ,06 January
Top tech lobby joins legal battle to keep 'net neutrality'GMT 14:48 2010 Thursday ,30 September
Just for kicks
GMT 22:21 2017 Tuesday ,08 August
Calls mount for release of French journalist in Turkey
GMT 21:41 2017 Saturday ,10 June
Man overboard as Kiwis take lead in America's Cup challenge
GMT 12:54 2017 Tuesday ,17 October
Storm brings 'apocalyptic' skies to Britain
GMT 12:03 2017 Thursday ,06 April
NASA's Cassini probe of Saturn prepares for last plunge
GMT 11:54 2018 Friday ,31 August
Second mine explodes in Mghilla 'Four soldiers wounded'
GMT 14:46 2017 Thursday ,20 July
MH370 search reveals hidden undersea world
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor