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IMF Chief Christine Lagarde to stand trial over Sh45 billion negligent payout

IMF chief Christine Lagarde

Paris: International Monetary Find (IMF) chief Christine Lagarde will stand trial for her role in a 400 million euros ($440 million) payout as French finance minister in 2008 to businessman Bernard Tapie from Dec. 12, a French court said on Monday.

France's highest appeals court rejected her appeal against a judge's order in December for her to stand trial at the Cour de Justice de la Republique, a special court that tries ministers for crimes in office.

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