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Christine Lagarde

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IMF: Board Confident Lagarde Can Carry Out Her Duties Amid French Probe

The International Monetary Fund's board remains confident Christine Lagarde can carry out her duties as managing director effectively despite French authorities planning to question her Thursday as part of a criminal probe.Ms. Lagarde is scheduled to face questions from investigating magistrates at a special court over allegations she overstepped her authority as finance minister in 2007 when she referred a case pitting a French business tycoon against the state to arbitration.Ms. Lagarde and her lawyers repeatedly have repudiated accusations of wrongdoing.IMF spokesman Gerry Rice said in a regular press briefing that the executive board "continues to express confidence in the managing director's ability to effectively carry out her duties."The board was last briefed in March, and its statement reflects the IMF general counsel's assessment of the case, he said. Mr. Rice also reiterated that Ms. Lagarde had waived her privilege as managing director to claim diplomatic immunity.Asked if ...

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  3. Lagarde: Spain Needs More Time To Tighten Budget

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  4. Lagarde: Won't Let French Case Distract From IMF Focus

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  5. Lagarde says French misconduct case won't affect her IMF job

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  1. IMF's Lagarde Urges Euro Members for Banking Union

    For European banking union to succeed, all EU member countries need to be in agreement, Christine Lagarde, managing director of the International Monetary Fund, said...

  2. France Tel CEO to face court in corruption probe

    France Telecom's chief executive is to appear before the disciplinary wing of a French court in charge of auditing public spending as part of a probe into alleged co...

  3. IMF, Egypt say working to reach loan deal in "coming weeks"

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    Worries that easy money policies are putting dangerous pressure on other countries' currencies are increasing, the head of the International Monetary Fund said Satur...

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