IMF’s Lagarde (currently charged with embezzlement and fraud) praises Irish Government’s ‘clever’ cuts and taxes

(Before It's News)

The head of the IMF has warmly praised the Government for the “clever” way it has implemented tough cuts and taxes, while keeping the public onside.

Ms Lagarde said she was very impressed with how Irish politicians have managed to implement reforms, while maintaining social cohesion.

“The way the Irish have played this is very clever. Portugal is the same – they have got everyone to pull together,” she said in an interview with the Financial Times …. http://www.independent.ie/

The head of the International Monetary Fund arrived in the dock of a Paris courtroom today as she braced herself to be formally charged with embezzlement and fraud.

She was questioned over a £340million payout of public money five years ago to convicted conman Bernard Tapie.

It was when she was President Nicolas Sarkozy’s finance minister that she is said to have authorised a 270 million pounds payout to one of his prominent supporters, so abusing her government position.

The money went to Bernard Tapie, a convicted football match fixer and tax dodger who supported Lagarde and Sarkozy’s UMP party.

As she appeared in court, there were calls for her to stand down from her high-profile £305,000-a-year job if she is charged …. http://www.standard.co.uk

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