Business IMF's Lagarde to Face Trial over Payout to French Tycoon

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LequteMan

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An appeal court has ruled that Christine Lagarde, the head of the International Monetary Fund, will stand trial over a state payout to the French tycoon Bernard Tapie.

She is charged with negligence over the award to Mr Tapie of €404m ($445m; £339m) in 2008 when she was France's economy minister.

She had appealed against a lower court ruling from December.

She is now expected to appear before a special court for government ministers.
 

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