Much more to come…
From the Mail, news that International Monetary Fund Director Christine Lagarde is about to be “Roasted toasted, fried and grilled” by the courts:
The head of the International Monetary Fund appeared in court today where she is expected to be formally charged in connection with a £270million fraud and embezzlement case.
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…
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