Lagarde can remain as chief despite conviction

Christine Lagarde can remain head of the International Monetary Fund

Lagarde can remain as chief despite conviction

WASHINGTON — Christine Lagarde can remain head of the International Monetary Fund despite her conviction Monday of negligence in a case dating to her tenure as France’s finance minister.

The IMF’s executive board praised her “outstanding leadership.”

After a weeklong trial, France’s Court of Justice of the Republic found Lagarde guilty of one count of negligence but spared her jail time and a criminal record.

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