Monday, December 19, 2016
Christine Lagarde avoids jail despite guilty verdict in negligence trial
Christine Lagarde has been found guilty of negligence in approving a massive payout of taxpayers’ money to controversial French businessman Bernard Tapie but avoided a jail sentence.
A French court convicted the head of the International Monetary Fund and former government minister, who had faced a €15,000 (£12,600) fine and up to a year in prison. But it decided she should not be punished and that the conviction would not constitute a criminal record.