IMF chief Christine Lagarde under investigation over 'negligence' in 2008 fraud case
The head of the International Monetary Fund (IMF) Christine Lagarde is under investigation over 'negligence' in her role as finance minister under French President Nicolas Sarkozy's government in awarding 400 million euros to a businessman Bernard Tapie in 2008.
French authorities have formally started the investigation against Lagarde who denies all charges against her.
Tapie who was a majority shareholder in sports company Adidas, had sold the shares in 1993 to become a cabinet minister in Francois Mitterrand's Socialist government, reported the BBC.
Tapie had sued Credit Lyonnais over sales management and alleged that the partly state-owned bank had committed a fraud against him.
According to reports, Tapie had also supported Sarkozy in the 2007 elections.
(Posted on 28-08-2014)
Information on States of India:
Andaman Nicobar | Andhra Pradesh | Assam | Bihar | Chandigarh | Chhattisgarh | Dadar Nagar Haveli | Daman Diu | Delhi | Goa | Gujarat | Haryana | Himachal Pradesh | Jammu Kashmir | Jharkhand | Karnataka | Kerala | Lakshadweep | Madhya Pradesh | Maharashtra | Manipur | Meghalaya | Mizoram | Nagaland | Orissa | Pondicherry | Punjab | Rajasthan | Sikkim | Tamil Nadu | Tripura | Uttar Pradesh | Uttaranchal | West Bengal
INDIA REGIONAL MAPS:
Andhra Pradesh Travel Map | Bihar Travel Map | Goa Travel Map | Gujarat Travel Map | Haryana Travel Map | Himachal Pradesh Map | Karnataka Travel Map | Kerala Travel Map | Maharashtra Travel Map | Punjab Travel Map | Rajasthan Travel Map | Sikkim Travel Map | Tamil Nadu Travel Map | Uttar Pradesh Travel Map | West Bengal Travel Map |
MORE MAPS OF INDIA:
INDIA CITY MAPS:
KERALA TRAVEL MAPS: