The head of the International Monetary Fund arrived in the dock of a Paris courtroom today as she braced herself to be formally charged with embezzlement and fraud.
Christine Lagarde’s humiliation is not only a massive personal blow which could lead to her resignation, but one which will plunge the world’s banking system into further ignominy.....
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.
Read the rest at The Liberty Crier: http://libertycrier.com/front-page/head-of-the-imf-christine-lagarde-in-court-charged-with-embezzlement-and-fraud/?utm_source=The+Liberty+Crier&utm_campaign=5c39ee97af-The_Liberty_Crier_Daily_News_5_23_2013&utm_medium=email&utm_term=0_600843dec4-5c39ee97af-284711501
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