IMF Managing Director on trial

Ms. Lagarde is currently facing pressure to resign if the court decides to prosecute her in this case.

International Monetary Fund Managing Director Christine Lagarde appeared in a Paris court on May 23 to answer questions regarding allegations of a scandal involving billionaire Bernard Tapei during her time as French Finance Minister.

This trial is expected to have a major impact on Lagarde's career, as she is currently facing pressure to resign if the court decides to prosecute her in this case.

Ms. Lagarde, the female Managing Director of the IMF (photo: Guardian)

The aforementioned incident relates to the French government allegedly compensating billionaire Tapie 400 million euros to settle a dispute involving a state-owned bank in 2007. Ms. Lagarde is suspected of being involved in the misuse of public funds.

Ms. Lagarde has served as IMF Managing Director since June 2011, after her predecessor, Mr. Dominique Strauss-Kahn, resigned due to a sexual misconduct scandal.

According to VOV - DT