IMF’s head Lagarde to stand trial

She will be tried on the charge of “negligence by a person in position of public authority”

The head of International Monetary Fund (IMF), Christine Lagarde, is to face trial in France over her role in a pay-out of 400 million euros to businessman Bernard Tapie.

Mrs. Lagarde will be tried on the charge of “negligence by a person in position of public authority” over the compensation case.

Lagarde’s lawyer, Yves Repiquet, said he would be recommending that she appeal against the decision, which would bring her to court over an affair that dates back more than 20 years.

“It’s incomprehensible,” Lagarde’s lawyer, Yves Repiquet, said on French TV channel iTele. “I will recommend Lagarde appeal this decision.”