Keyword: Crédit Lyonnais
Appeal court throws out Bernard Tapie's attempt to reverse quashing of a 404-million-euro award to him in dispute with Crédit Lyonnais bank.
The former owner of Adidas claims new evidence shows state-owned bank Crédit Lyonnais actively devalued his shares it was mandated to sell.
French judges to question IMF chief Lagarde in May over suspected 'misappropriation of public funds'
International Monetary Fund chief Christine Lagarde (pictured) is to be questioned next month by French judges investigating a case of 'misappropriation of public funds' and 'aiding and abetting falsification' concerning an award from public funds of 403 million euros paid to controversial French tycoon Bernard Tapie when Lagarde was French finance minister, Mediapart can reveal. According to well-informed sources contacted by Mediapart she wil be interrogated on May 23rd, when Lagarde faces being formally placed under investigation - a status one step short of being charged – by the magistrates from the Court of Justice of the Republic, a special French court which is designated to investigate suspected malpractice by government members in the course of their duties. Laurent Mauduit reports.
A French court is to investigate newly-appointed International Monetary Fund chief Christine Lagarde (photo) for suspected 'aiding and abetting falsification' and 'misappropriation of public funds' in her handling of a huge compensation payout awarded to controversial French businessman Bernard Tapie while she was finance minister. Michel Deléan 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.