Five Years Ago: Regime Change at the IMF: Christine Lagarde and The Frame-Up of Dominique Strauss-Kahn
NOVANEWS
By Prof Michel Chossudovsky
This article was first published on May 19, 2011.
Author’s Note
On December 20, 2016, A French court found IMF Managing Director Christine Lagarde guilty of “negligence” in relation to a multimillion dollar Euro fraud while she was France’s finance minister in 2008. She is said to have approved “an award of €404m ($429m; £340m) transfer to businessman Bernard Tapie, [a crony of president Sarkozy] for the disputed sale of a firm.”
“Ms Lagarde, who always denied wrongdoing, was not present in court, having left Paris for Washington DC.”
The IMF board said it retained “full confidence” in her leadership. (BBC, December 20, 2016)
No questions asked: Despite her involvement in financial fraud at tax payers’ expense, the French government has co...