IMF directors voice confidence in Lagarde | Inquirer News

IMF directors voice confidence in Lagarde

/ 10:38 PM August 04, 2011

WASHINGTON—The executive board of the International Monetary Fund expressed confidence in managing director Christine Lagarde Thursday after a French court ordered an embezzlement probe against her.

“It would not be appropriate for the board to comment on a case that is currently before the French judiciary. However, the board is confident that she will be able to effectively carry out her duties as managing director,” it said in a statement.

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TAGS: Finance, France, IMF, Justice, Lagarde, Politics

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