Managing Director of the International Monetary Fund (IMF) Christine Lagarde reacts before the start of her trial about a state payout in 2008 to a French businessman, at the courts in Paris, France, December 12, 2016. REUTERS/Charles Platiau
PARIS (Reuters) - French judges convicted IMF chief Christine Lagarde on Monday of negligence for a state payout made while France's finance minister in 2008, but imposed no punishment, citing her preoccupation at the time with the global financial crisis.
The executive board of the Washington-based International Monetary Fund was expected to meet shortly to consider the implications of the verdict, an IMF spokesman said.
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