IMF backs Lagarde in wake of possible court probe
“However, the board is confident that she will be able to effectively carry out her duties as managing director,” the statement concludes.
The French court, which deals only with actions by ministers, is eager to look further into a case centering on Bernard Tapie, a mogul and supporter of President Nicolas Sarkozy who won millions of euros from an arbitration court in 2008.
Lagarde became the IMF’s managing director in June, after her predecessor, Dominique Strauss-Kahn, stepped down to contest charges of sexual assault.
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