Look Who it Was Random video

Lagarde, I M F Chief, Is Found Guilty of Negligence

111 views · Published 19 December 2016 · 3:13 · Indexed 4 November 2026

Channel: Healing Frequencies · 2016 · News & Politics

Watch on YouTube

Christine Lagarde, I.M.F. Chief, Is Found Guilty of Negligence.
Christine Lagarde, the managing director of the International Monetary Fund, was found guilty on Monday of criminal charges linked to the misuse of public funds during her time as France’s finance minister, a verdict that could force her out of her post.

The judge hearing the case declined, however, to impose a fine or any jail time on Ms. Lagarde, who began her second five-year term at the I.M.F. in February. The scandal has overshadowed her work at the fund, to which she was appointed in 2011, after Dominique Strauss-Kahn resigned as managing director when he was accused of having sexually assaulted a maid in a New York City hotel.

The move is quite likely to destabilize the I.M.F. as it faces a host of thorny issues, including questions over its participation in a multibillion-dollar bailout for Greece and uncertainty about the United States’ role in the organization once Donald J. Trump becomes president in January.

More from this channel