“Lagarde faces a maximum sentence of 10 years in jail if found guilty of the very serious charges. It was when she was President Nicolas Sarkozy’s finance minister that she is said to have authorised a 270 million pounds payout to one of his prominent supporters, so abusing her government position. The money went to Bernard Tapie, a convicted football match fixer and tax dodger who supported Lagarde and Sarkozy’s UMP party. It came after Dominque Strauss-Kahn, another senior French politician, was sacked as IMF chief following allegations that he attempted to rape a chambermaid in a New York hotel.”
Related posts:
Russia sends warship with 'special cargo' toward Syria
Cyprus bourse scraps banking index after bailout
Mao Zedong’s grand-daughter worth more than $815 million
G-20 Pushes for Global Measures to End Tax Evasion
New Corporate Tax Shelter: A Merger Abroad
Fishermen still fighting Fukushima’s aftermath
$250,000 stuffed in pantyhose...and other IRS evasion tricks
Famed Trader Joe Lewis Backs Bitcoin With Swiss Fund
American Express Ex-Chief Privacy Officer On 'The Last Days of Cash'
Bitcoin store opens in Calgary
‘Yak insurance’ plan saving Nepal’s endangered snow leopard
Mt. Gox Head Believes No More Bitcoins Will Be Found
City of Lee's Summit forces kids to tear down fort
'Nerve gas' chemicals exported to Syria: potassium and sodium fluoride
US Army vet charged with fighting alongside al-Qaida against Syrian government