IMF still confident in Lagarde after French probe


Associated Press
May 28, 2013

The IMF is reiterating its confidence in Managing Director Christine Lagarde’s leadership after a French court stopped just short of charging her in an investigation of a payoff to a businessman.

Lagarde was questioned at length for two days last week in the French hearings, which concluded by naming her a key witness in the probe of the payoff arranged while she was France’s finance minister. She could still be charged in the case at a later date.

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