IMF chief Christine Lagarde stands trial in Paris


The International Monetary Fund managing director is to be tried by a special court on Monday charged with negligence when she was French finance minister for allowing a payout of more than 400 million euros from public funds to tycoon Bernard Tapie, a decision since quashed.

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Christine Lagarde heads to court Monday in a case that promises to gain attention in France but is unlikely to have much bearing on her job as head of the International Monetary Fund, reports Bloomberg.