Keyword: Bernard Tapie
A decision on whether to launch an investigation into suspected "abuse of authority" and "obstruction of the law" by former French finance minister and new IMF chief Christine Lagarde was postponed by a top French court on Friday. The suspicions over Lagarde's role in a generous payout of public money to French tycoon Bernard Tapie in 2008 were originally referred for investigation by France's senior public prosecutor in May. Michel Deléan reports on the latest events in a case threatening to undermine Lagarde's IMF mandate and the reputation of the institution.
A senior Päris public prosecutor has found evidence suggesting French finance minister Christine Lagarde (photo), candidate to replace Dominique Strauss-Kahn as head of the International Monetary Fund, acted in a manner of "obstructing the law" in the controversial arbitration procedure that awarded French tycoon Bernard Tapie 403 million euros of public funds in 2008. Mediapart has obtained exclusive access to a report prepared by prosecutor Jean-Louis Nadal, revealed here in full, in which he says Lagarde "constantly exercised her ministerial powers to reach the solution that favoured Bernard Tapie". Michel Deléan reports.
French finance minister Christine Lagarde is hotly tipped to replace Dominique Strauss-Kahn, arrested in New York last weekend on sex assault charges, as Managing Director of the International Monetary Fund (IMF). Mediapart has exclusively obtained a copy of a confidential report (pictured) by the French national audit office, the Court of Accounts, which we publish here and which could potentially scupper her candidacy to become IMF chief. It throws deep suspicion on Lagarde's role, already the object of legal moves for suspected "abuse of authority", in a massive out-of-court settlement of 403 million euros of public funds awarded to controversial French tycoon Bernard Tapie in 2008. Laurent Mauduit reports.
The controversy over the 403 million euros of public funds awarded in 2008 to French businessman Bernard Tapie in his dispute with French bank Crédit Lyonnais returned to the fore this month, lighting a fuse to a series of scandals-within-the-scandal. Laurent Mauduit reports.