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French court finds IMF chief guilty of criminal negligence; no punishment

Published:Monday | December 19, 2016 | 12:48 AM
International Monetary Fund chief Christine Lagarde arrives at the special Paris court, France, on December 12.

PARIS (AP):
A special French court has declared International Monetary Fund chief Christine Lagarde guilty of criminal negligence in a long-running arbitration case.

However, the court decided not to punish her or give her a criminal record.

The Court of Justice of the Republic ruled that her negligence while serving as finance minister allowed for the misappropriation of funds by other people.

The others, in a separate case, haven't yet been tried.