Frauds & Scandals

Statement by the IMF Executive Board on Legal Proceedings in France Relating to the Managing Director

20/12/2016/IMF  The Executive Board of the International Monetary Fund (IMF), issued the following statement: “The Executive Board met today to consider recent developments in the legal proceedings in France involving Managing Director Christine Lagarde. The Executive Board took all relevant factors into account in its discussions, including the Managing Director’s […]

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

Photo Credit: BBC.com Culled—-Proshare December 19, 2016/New York Times 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 […]

Statement on Legal Proceedings in France Relating to the Managing Director

December 19, 2016/IMF Mr. Gerry Rice, Director of Communications at the International Monetary Fund (IMF), made the following statement today relating to Managing Director’s legal proceedings in France:  The Executive Board has met on previous occasions to consider developments related to the legal proceedings in France. It is expected that […]