International Monetary Fund chief Christine Lagarde convicted of one count of negligence by Paris court over her handling of a multi-million dispute when she was France’s finance minister.
Now can the 60-year-old IMF managing director – convicted at the Cour de Justice de la Republique, over events that occurred nearly a decade ago – go?
Or is it one rule for the elite – intent on globalism?
IMF chief Christine Lagarde found guilty of ‘negligence’ over huge payout to business tycoon – but escapes jail.
The Telegraph U.K. reports
“Christine Lagarde, the International Monetary Fund’s managing director, has been found guilty of “negligence” over a huge payout to a business tycoon while she served as France’s finance minister.
However, in a boost to her hopes of keeping her post, the Court of Justice of the Republic – a special tribunal for ministers – chose not to punish her or give her a criminal record. She had faced a one-year term and a €15,000 (£13,000) fine.”
What ever happened to the French Justice system?
Off with her head – the Wicked Witch should be guillotined – for her role in the mid-2008 – 285 million-euro ($303-million) arbitration award for businessman Bernard Tapie that led to a massive government payout.
The legal case stems from former state-owned bank Credit Lyonnais’s disagreement with Tapie over the 1993 sale of Adidas AG – which he owned – which was subsequently onsold by the Bank.
From my point of view Tapie – in who is definitely not an idiot – sold a business at an agreed price – and then sought to profit from the subsequent re-sale.
Lagrande – as the then French Finance Minister in 2008 – felt that it was better to settle the long running legal case – with the largest French payout ever.
No doubt the French taxpayers were impressed.
So the question now is will the Wicked Witch keep her position as head of the IMF?
Personally I say no – her predecessor was set up on a rape charge – but never convicted – then forced to resign from the IMF.
Lagrande has been found guilty of negligence – and the judges chose not to give her a criminal record – so she no doubt will remain in charge of the political and elite funding establishment of the IMF.
For those readers who are unaware as to why I despise the Wicked Witch of the West – David Stockman shits on this bitch.
The story on the Court decision can be read here – http://www.telegraph.co.uk/news/2016/12/19/imf-chief-christine-lagarde-found-negligence/