independent

Sunday 26 May 2013

IMF Managing Director Lagarde holds a news conference after a Eurogroup meeting in Brussels...International Monetary Fund (IMF) Managing Director Christine Lagarde holds a news conference after a Eurogroup meeting in Brussels March 16, 2013.  REUTERS/Eric Vidal (BELGIUM  - Tags: BUSINESS POLITICS)...I

Lagarde to be questioned in €285m state payout case 

IMF chief Christine Lagarde will be questioned by a French magistrate today over her role in a €285m arbitration payment made to a supporter of former president Nicolas Sarkozy. Ms Lagarde risks being placed under formal investigation at the hearing for her 2007 decision as Sarkozy's finance minister to use arbitration to settle a long-running court battle between the state and high-profile businessman Bernard Tapie.

 

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Irish News

Big Tobacco is not our friend, Taoiseach

During a meeting of the Joint Oireachtas Committee on Health and Children held last Thursday, Health Minister James Reilly confirmed to me that on May 7 three of the most senior Fine Gael figures in our Government – Taoiseach Enda Kenny, Finance Minister Michael Noonan and Justice Minister Alan Shatter – had a 45-minute meeting with the Irish Tobacco Manufacturers Advisory Committee (ITMAC) – specifically with Steven Donaldson, Andrew Meagher and John Freda, the chiefs of PJ Carroll, John Player and Japan Tobacco International respectively.