Don't miss

Replay


LATEST SHOWS

ACROSS AFRICA

Displaced people in South Sudan suffer from untreated mental disorders

Read more

EYE ON AFRICA

Somalian President asks Al Shabaab to lay down their weapons

Read more

THE DEBATE

Borderline Politics: US-Mexico relations hit a wall (part 1)

Read more

THE DEBATE

Borderline Politics: US-Mexico relations hit a wall (part 2)

Read more

FOCUS

Arms race: Delegations eye lucrative deals at Abu Dhabi military fair

Read more

FRENCH CONNECTIONS

France's Salon de l'Agriculture: Celebrating a struggling sector

Read more

INSIDE THE AMERICAS

Brazil: Carnival in a time of crisis

Read more

ENCORE!

A long way from home: 'Lion' stars Nicole Kidman and Dev Patel hit the red carpet

Read more

IN THE PAPERS

'Pineapple Pizza Tests Limits of Presidential Power in Iceland'

Read more

Europe

Court delays decision on Lagarde inquiry

Text by News Wires

Latest update : 2011-07-08

A French court on Friday postponed its decision on whether to investigate the role of new IMF head Christine Lagarde in a controversial 2008 arbitration payout. The decision was delayed until August 4.

REUTERS - A French court said on Friday it is delaying until August 4 its decision on whether to launch a legal inquiry into the role of IMF chief Christine Lagarde in a 2008 arbitration payout.

An official at the Court of Justice of the Republic read a statement to reporters saying that the decision had been postponed for a second time.

Lagarde, French finance minister until she took up her IMF post this week, has denied any misconduct in her approval of a 285 million-euro payment to a businessman friend of President Nicolas Sarkozy to settle a dispute with a former state-owned  bank.
 

Date created : 2011-07-08

COMMENT(S)