IMF Says Board Retains Confidence In Lagarde

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The International Monetary Fund's executive directors retain confidence in the ability of IMF chief Christine Lagarde to do her job despite a court case in which she faces questioning over a payout to a businessman during her time as French finance minister, an IMF spokesman said on Thursday.

Lagarde

The International Monetary Fund's executive directors retain confidence in the ability of IMF chief Christine Lagarde to do her job despite a court case in which she faces questioning over a payout to a businessman during her time as French finance minister, an IMF spokesman said on Thursday.

"The board has been briefed on the matter a few times, including recently, and continues to express its confidence in the managing director's ability to effectively carry out her duties," IMF spokesman Gerry Rice told reporters at a regular media briefing at the International Monetary Fund.

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