Παρασκευή 16 Δεκεμβρίου 2016

Christine Lagarde took over responsibility for all



"He assumed" responsibility for everything but refuses to pay for a scam that no one had predicted: the director of the International Monetary Fund defended its handling at the end of the trial in France, as it allowed "recklessly" the misuse of public funds when he was finance minister of France.

"I decided I undertake (responsibility) of my decisions but '' acted (...) the sole purpose of defending the public interest," stressed Christine Lagarde, who took last reason during the proceedings before the Court of Republic cour de justice de la Republique (CJR).

This special court, which is competent to judge ministers in active or not for offenses allegedly committed while in power, is expected to issue its verdict Monday at 16:00 GMT.

The general director of the IMF is faced with imprisonment up to 1 year and a fine of 15.000 euros. The prosecution requested the exemption.

Christine Lagarde on trial Monday in Paris to show "negligence" in the way they managed the arbitration in the dispute between the businessman Bernard Tapie and the bank Credit Lyonnais.

The 60 year old former minister side rejects that committed anything illegal when it approved the 2008 compensation to businessman Bernard Tapie, amounting to 403 mil. Euro in the framework of arbitration for the settlement of his dispute with the then state bank Krenti Lyon, the which has now closed on the sale of its shares in Adidas sportswear company.

"The risk of fraud escaped me completely," she said.

Her voice broke for a few minutes when he said, holding a sob:

"These five days of the trial put an end to a five-year ordeal as experienced my partner, my sons, my brothers who are in the hall."

Christine Lagarde reiterated today that "acted confidently and conscientiously, with the sole aim of defending the general interest."

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