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March 25, 2017

Archives:

14 Year Old Child Bride Facing Death Penalty for Murdering Husband -

Saturday, November 29, 2014

BREAKING: New Coal Disaster In West Virginia -

Tuesday, February 11, 2014

U.S. Hostage Freed by Colombia’s FARC Rebels (Video) -

Monday, October 28, 2013

Here’s Why The Zimmerman Verdict Matters -

Sunday, July 14, 2013

BREAKING! UK Government Spied On Allies At TWO G20 Summits (Video) -

Sunday, June 16, 2013

Swiss Support Tougher Asylum Legislation as Refugee Numbers Spike -

Monday, June 10, 2013

American Woman Killed in Syria Fighting for Terrorists, Syrian TV Claims (Video) -

Friday, May 31, 2013

CO2 in the Air Reached its Highest Level in Human History -

Friday, May 10, 2013

Terms of the New Abortion Bill Agreed by Irish Cabinet -

Wednesday, May 1, 2013

Boston In Lockdown As Manhunt Intensifies -

Friday, April 19, 2013

2 Dead, Dozens Injured After Boston Marathon Bombing -

Monday, April 15, 2013

Fast Food Workers in New York Stage Surprise Strike -

Saturday, April 6, 2013

N. Korean Rhetoric Provokes Missile Shield Deployment -

Wednesday, April 3, 2013

Eyewitness Accounts from Meiktila Massacre -

Wednesday, April 3, 2013

Sudan to Free All Political Prisoners -

Monday, April 1, 2013

A New Free Press In Burma Juxtaposed With Genocide: The World Will Be Watching -

Friday, March 29, 2013

Pressure Builds to End Ethnic Violence in Myanmar -

Friday, March 29, 2013

Activists Demand Action As Further Genocide Looms -

Tuesday, March 26, 2013

Cyprus Reaches Last-Minute Bailout Deal With EU -

Monday, March 25, 2013

Myanmar Muslims Brace for Possible Genocide -

Sunday, March 24, 2013

IMF Chief Lagarde’s Home Searched over Tapie Scandal

According to a statement made by IMF chief Christine Lagarde’s attorney, French investigators have searched her Paris home today, as part of an inquiry into her role in a €285 million ($367 million) arbitration deal between the businessman Bernard Tapie and a state-owned French bank.

Bernard Tapie who is a well-known supporter of the ex-president Nicolas Sarkozy, won a 2008 settlement over the mishandled sale of Adidas in the 1990s. Lagarde was the France’s finance minister under Sarkozy administration when the deal was made. Critics said the settlement was in favor of the tycoon and it was too generous.

Investigation began before Lagarde was appointed as the head of the IMF -International Monetary Fund. The allegations surfaced after the deal that Ms Lagarde acted improperly when she created an independent panel to end the legal dispute between Tapie and the bank, over the sale of Tapie’s holding in the Adidas sportswear company.

Mr Tapie, once a left-wing activist and a minister, is not a stranger to legal problems. He was jailed in 1997 after being found guilty of fixing a football match involving the club that he owned at the time, Olympique Marseille. He switched sides after leaving the prison to back Nicolas Sarkozy in the 2007 presidential election.

Three French magistrates are investigating the allegations to see if Mrs. Lagarde acted illegally in approving the settlement. Her laywer, Yves Repiquet, says Lagarde who repeatedly denied the allegations, has nothing to hide and she welcomed Wednesday’s search as another step in proving her innocence.

Image credit: www.marianne.net

Emine Dilek (194 Posts)

Publisher/Managing Editor: Progressive Press. Contributing Editor: WVoN-Women's Views on News. Columnist: Palm Beach Woman Magazine. Former executive producer and radio host: WVR -Women's Voice Radio, Human Rights/Peace Activist, Aspiring Author/ Journalist/ Poet/ Blogger. Emine also appears as a revolving guest on PNN radio show -international political analyst-, and had been a guest on Liberal Fix and Brian Hammer Jackson Show. Her articles have been published in various publications such as The Vibe UK, The New Agenda, W.E.A Women @ Work, Amazing Women Rock and ICAHK.