France's highest appeals court ruled today that IMF chief Christine Lagarde must stand trial for her role in a 400 million euros ($440 million) payout to a French businessman. The court rejected her appeal against a judge's order in December for her to stand trial at the Cour de Justice de la Repulique, a special court that tries ministers for crimes in office.
When posted as French finance minister in 2008, a massive state payout was handed to French tycoon Bernard Tapie.
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