PARIS, July 22 (UPI) -- Christine Lagarde, head of the International Monetary Fund, will stand trial for her alleged role in a $441 million payout to a businessman while she was France's finance minister, an appeals court ruled Friday.
Lagarde, 60, is accused of negligence for her role in the alleged misuse of public funds in 2007 when she signed off on a decision to settle a dispute between French tycoon Bernard Tapie and the state, known as "L'Affaire Tapie." Lagarde has repeatedly said she did nothing wrong and acted in the public interest.