International Monetary Fund head Christine Lagarde will today learn the verdict in her trial for approving a massive state payout to a tycoon when she was French finance minister.
Five years later, after the biggest bailout in the fund's history, Greece failed to make a USD 1.7 billion payment as required at the end of June – the first advanced economy ever to default on the IMF. Worse, after having received more than 240 billion euros in international aid, Greece economy is still in tatters.
Criminal charges against Lagarde, 57, would mark the second straight scandal for an IMF chief, after her predecessor Dominique Strauss-Kahn, also from France, resigned in disgrace over an alleged assault on a New York hotel maid.
Former International Monetary Fund chief Dominique Strauss-Kahn will settle the civil lawsuit brought by the hotel maid who accused him of sexually assaulting her last year, the New York Times reported on Thursday, citing people with knowledge of the matter.
Disgraced ex-IMF chief Dominique Strauss-Kahn has a new girlfriend who works for a well-known television channel, glossy French weekly VSD said today, printing photographs of the two together.
French prosecutors said on Monday they had opened an inquiry into allegations of group rape by Dominique Strauss-Kahn and three friends, as part of an investigation into his ties to a suspected prostitution ring in the northern city of Lille.
A New York judge is expected to rule next Tuesday whether to toss out a civil lawsuit against former International Monetary Fund (IMF) Managing Director Dominique Strauss-Kahn brought by the hotel maid who accused him of sexually assaulting her.
Former IMF chief Dominique Strauss-Kahn was placed under formal investigation on Monday by authorities looking into a suspected prostitution ring in the French city of Lille.
French prosecutors will set up a face-to-face confrontation between former IMF chief Dominique Strauss-Kahn and the young French writer who has accused him of attempted rape, they said today.
Dominique Strauss-Kahn apologised to his country on Sunday for a sexual encounter with a hotel maid, which he said was a "moral error" and would regret all his life.
Dominique Strauss-Kahn, once a favourite to be the next French president, came home on Sunday to an expected icy greeting from party allies after a legal odyssey in New York that reshaped France's political landscape.
New York State Supreme Court Justice Michael Obus dismissed criminal sexual assault charges against former IMF chief Dominique Strauss-Kahn on Tuesday, formally ending the criminal case against him.
The Guinean maid who accused former IMF chief Dominique Strauss-Kahn of sexually assaulting her at a hotel here broke her silence for the first time, saying she wants him to go to jail and get her name cleared.
Police have questioned Dominique Strauss-Kahn's ex-wife, Brigitte Guillemette, as part of an investigation into a French writer's claims he tried to rape her in 2003, a judicial source said.
In a luxury suite in a Manhattan hotel, two lives changed forever. In this one-hour documentary, reported by CNBC's award-winning Senior Correspondent Scott Cohn, CNBC looks at how the dangerous liaison between Dominique Strauss-Kahn and a hotel maid is more than just a sex scandal.
The next hearing in the sexual assault case against former IMF chief Dominique Strauss-Kahn has been postponed until August 1 in order to give both sides more time to conduct their investigations.
New IMF Managing Director Christine Lagarde said on Monday she would announce management changes on Tuesday, in a move that is expected to give China its first senior post at the global lender.
New IMF Managing Director Christine Lagarde said she would announce management changes on Tuesday, in a move that is expected to give China its first senior post at the global lender.
Protectionism in Europe is hampering the recapitalisation of the region's banks and the stabilisation of the financial sector, IMF adviser Min Zhu said on Sunday.
A special French court today delayed a decision again on whether to investigate new IMF chief Christine Lagarde's role in securing a USD 406 million arbitration deal for a controversial businessman.
A French writer has filed a complaint alleging former IMF boss and leading politician Dominique Strauss-Kahn, accused of sexual assault in New York, attempted to rape her about eight years ago.
Former IMF chief Dominique Strauss-Kahn was hit with a complaint of attempted rape in France on Tuesday in a new hurdle to any political comeback even as the US sex assault case against him appeared to be falling apart.
Christine Lagarde today took over as the new chief of the IMF, replacing Dominique Strauss-Kahn, as it gears to play a key role in shaping the global economic future, giving more voice to emerging economies like India.
US prosecutors will drop sexual assault charges against ex-IMF chief Dominique Strauss-Kahn at his next court appearance in two weeks, or earlier, because of doubts about the credibility of the alleged victim, the New York Post said on Tuesday.
Resurgent conspiracy theories over the Dominique Strauss-Kahn sex assault case angered the French government today, as speculation rose that he may return to the presidential race if cleared.