VOICED : Directora de FMI declarada culpable por negligencia en Francia

Christine Lagarde, former director of the IMF, was found guilty of negligence in a case involving a large public fund misappropriation in France. Despite the verdict, she faces no penalty. The case dates back to the early 1990s when Credit Lyonnais bought Adidas from Bernard Tapie and later sold it for a significant profit, leading to a disputed arbitration. The civil court later annulled the arbitration decision, citing fraud. Lagarde, who could have faced jail time and a fine, took a leave from the IMF during the trial and was absent from the verdict reading due to professional commitments in Washington.

What was Christine Lagarde found guilty of in the financial case?

• Fraud

• Negligence

• Embezzlement

• Bribery

What was the initial purchase price of Adidas by Credit Lyonnais?

• 500 million euros

• 315 million euros

• 400 million euros

• 701 million euros

Why did Bernard Tapie seek arbitration against Credit Lyonnais?

• He was unhappy with the bank's management.

• He claimed the bank committed fraud.

• He wanted to buy back Adidas.

• He wanted a higher selling price.

What was the outcome of the civil court's decision last year regarding the arbitration?

• It annulled the arbitration decision.

• It reduced the compensation amount.

• It upheld the arbitration decision.

• It increased the compensation amount.

Why did Christine Lagarde not attend the reading of the verdict?

• She was attending a conference.

• She was on vacation.

• She had professional commitments in Washington.

• She was unwell.