Red Ice News

The Future is the Past

French Police Raid Home of IMF Boss Christine Lagarde
New to Red Ice? Start Here!

French Police Raid Home of IMF Boss Christine Lagarde

Source: theaustralian.com.au
French police have raided the Paris home of IMF chief Christine Lagarde in connection with a probe into her handling of a high-profile scandal when she was a government minister.

The investigation concerns Ms Lagarde’s 2007 decision to ask an arbitration panel to rule on a dispute between disgraced tycoon Bernard Tapie and the collapsed bank Credit Lyonnais.

The arbitration resulted in Tapie being awarded around 400 million euros ($500 million) - an outcome that triggered outrage among critics who insisted the state should never have taken the risk of being forced to pay money to Tapie, a convicted criminal.

That view has been effectively endorsed by the CJR, a court established to assess potentially suspect actions by government ministers in office.

The CJR has deemed Ms Lagarde’s decision to send the Tapie case to arbitration "questionable" and suggest she was personally complicit in a process characterised by "numerous anomalies and irregularities".

[...]

Read the full article at: theaustralian.com.au

Comments

We're Hiring

We are looking for a professional video editor, animator and graphics expert that can join us full time to work on our video productions.

Apply

Help Out

Sign up for a membership to support Red Ice. If you want to help advance our efforts further, please:

Donate

Tips

Send us a news tip or a
Guest suggestion

Send Tip

Related News

For British and French Leaders, Political Battle Shifts to Home Ground After Syria Strikes
For British and French Leaders, Political Battle Shifts to Home Ground After Syria Strikes
Homeschooled Child in Norway Tackled by Police, Handed over to "Child Welfare Services" - Sometimes the Law Matters
Homeschooled Child in Norway Tackled by Police, Handed over to "Child Welfare Services" - Sometimes the Law Matters

Archives Pick

Red Ice T-Shirts

Red Ice Radio

3Fourteen

London Wrecked By Mass Immigration
Ash Sharp - London Wrecked By Mass Immigration
The Truth About Russia
Charles Bausman - The Truth About Russia

TV

The Entire Political Establishment Agrees On The War Against Assad
The Entire Political Establishment Agrees On The War Against Assad
Who Wants War In Syria?
Angelo John Gage & Kevin MacDonald - Who Wants War In Syria?

RSSYoutubeGoogle+iTunesSoundCloudStitcherTuneIn

Design by Henrik Palmgren © Red Ice Privacy Policy