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IMF Chief in Court over €400m Payout to French Tycoon

IMF

According to a report by IFP, Lagarde approved the payment from public funds to the businessman Bernard Tapie, who was a friend of the then president, Nicolas Sarkozy.

Prosecutors say this “negligence by a person in a position of public authority” constituted a misuse of public funds, according to a report covered by Al Alam in Farsi.

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