Head
of the IMF Christine Lagarde in court charged with embezzlement and fraud
In
court: Christine Lagarde
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Published: 23 May 2013
The head of the International Monetary Fund
arrived in the dock of a Paris courtroom today as she braced herself to be
formally charged with embezzlement and fraud.
Christine Lagarde’s humiliation
is not only a massive personal blow which could lead to her resignation, but
one which will plunge the world’s banking system into further ignominy.
The clearly nervous 57-year-old
said nothing to reporters as she entered the Court of Justice of the Republic,
a special tribunal set up to judge the conduct of France’s government
ministers, shortly after 8.30am.
Lagarde faces a maximum sentence
of 10 years in jail if found guilty of the very serious charges.
It was when she was President
Nicolas Sarkozy’s finance minister that she is said to have authorised a 270
million pounds payout to one of his prominent supporters, so abusing her
government position.
The money went to Bernard Tapie,
a convicted football match fixer and tax dodger who supported Lagarde and
Sarkozy’s UMP party.
It came after Dominque Strauss-Kahn,
another senior French politician, was sacked as IMF chief following allegations
that he attempted to rape a chambermaid in a New York hotel.
Ms Lagarde began campaigning to
succeed Mr Strauss-Kahn soon after his arrest for the alleged crime.
But now it is Ms Lagarde, a
lawyer and retired synchronised swimming star, who is facing a long court
process of her own, as well as a possible jail sentence.
The scandal will not only pile
further shame on France’s political class, but worry politicians and bankers
desperately trying to resolve the global financial crisis.
Mr Tapie, the former head of
adidas in France, claims he was cheated out of millions by Credit Lyonnais bank
when the sports kit empire was sold in 1993.
In 2007, Ms Largarde ended the
epic dispute by ordering a panel of judges to arbitrate and, in turn, they
awarded Tapie the damages.
Opposition MPs were furious, with
former presidential candidate Francois Bayrou accusing Ms Lagarde of ‘dipping
into the taxpayers’ pocket for a private beneficiary.’
Mr Strauss-Kahn’s Socialist Party
also accused Ms Lagarde of improper conduct, pointing to the fact that Mr Tapie
was a vocal supporter of Sarkozy.
Ms Lagarde’s lawyer, Yves
Repiquet, said the inquiry was ‘in no way incompatible’ with her new job, and
expected the case to be dismissed.
Ms Lagarde denies any wrongdoing,
saying before today’s court appearance: ‘If it’s decided to continue with this
inquiry it won’t be particularly surprising. Personally, it doesn’t worry me at
all – I didn’t benefit personally’.
But it has been widely reported
in the French media that investigators intend to charge her with fraud and
embezzlement.
Le Monde said that magistrates
had already written to Mrs Lagarde to tell her that she should not expect any
special treatment because of her high-profile international job.
Sent from my iPad
On 5 jan 2014, at 05:59, Doclawwithme@aol.com wrote:
This short but very informative video should be circulated
and watched by as many people as possible. Please watch and share.
Everyone should watch this ! Period ! Think this isn't
happening. Wake up !
Watch 8 min WOW World Bank: Money Laundering Criminals http://www.youtube.com/watch?v=c7E9SUwlooE&feature=player_embedded
6 comments:
THIS IS FROM A YEAR AGO!!!!! How does this apply today? THE SAME CROOKS / MOBSTERS / MONEY LAUNDERERS who 'pass laws' to keep you and me from creating and retaining our wealth STILL DO THEIR MONEY LAUNDERING AND VARIOUS CRIMES TODAY, SO WHAT GOOD DID THIS APPEARANCE IN COURT DO?????? LG IS STILL DOING HER 'JOB' FOR THE WORLD'S TOP MOBSTERS TODAY. And, all the hype about all the 'good things' the World Bank, etc. are set up to do - WHAT A BUNCH OF HORSE HOCKEY.
Old story from March, 2013. Court decided not to take action against her.
I thought she was in RENO pushing the dinar LOL!!!
You know, not everything is at it appears. Those making accusations are usually the bad guys. You know, one finger pointing and thre fingers pointing back. This Article is good for everyone to know that the Good Ole Boy Network of Thieves, Crooks and the Cabal are still functioning. Obviously Doclawwithme@aol.com is a shill. Whether true or not, the formula is the same to discredit anyone challenging the status quo by claiming criminality connections or mental health disorders. That is standard practice for CIA, NSA, FBI, etc. In the US, as in the former Soviet Union, our disinformation Services do all they can to rig the MSM or brainwash the public through this kind of Comment.
Right now, no one is standing up for those being oppressed by the global financial reset. Except Ms. Lagarde. It is about time to stop the Obama, Lew, Cabal continued financial destabilization agenda for the purpose of starting war. I mean STOP IT NOW WITH ALL PREJUDICE!
This White Hat stuff has to kick into high gear with the Process or it will get smoked everytime by the limitless number of criminals in our midst. Limitless the amount of criminality.
If the Process is to be put to the Test, it is NOW! Waiting or dragging this RV/CE situation out hurts the everyone. Allowing the Rich, Wealthy and PTB's to exchange first was the biggest mistake ever made by that jerkoff Lew, in even going into agreement with a consortium of banksters at 5 Banks for the Reset in the US. Discredit Lagarde? I THINK NOT. the Good Ole Boys, including Geithner, et.al., have had five or more years to turn things around AND HAVE NOT, IF YOU HAVEN'T BEEN PAYING ATTENTION. Just screwing everyone blind. Time for a new Sherriff and CL is the closest person to that right now and the People deserve more, but we do our best, too, to realize when someone like CL Is doing the work. now to give it the PUSH TO ACHIEVE REALIZATION.
Thank you Ms. Lagarde.
As the most public face and president of the IMF she has been warned about her role in prolonging the suffering of mankind, especially women and children. Interesting how women are being appointed to fill top financial positions, most recently, Sarah Bloom Raskin with connections to the global financial cabal. It says a lot about the character of the elite cabal men hiding behind their women. Be patient, the wheels of true justice is doing a marvelous work. It requires the rest of us to continuously apply the truth refined to lubricate its' axes.
Miami international arbitrator
Completely Agree with author! After the recent USA Supreme Court award on American Express Co. v. Italian Colors Restaurants et al. arbitration provisions with class action waivers have come
to be used widely also by banks.
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