IMF WOES TO PERSIST!!

A French court ordered a probe for embezzlement and other fraud-related charges against IMF head Christine Lagarde dating to her time as France's finance minister, a prosecutor said Thursday.

The newly appointed International Monetary Fund (IMF) Director Mrs Christine Lagarde, a former French Finance minister, has been reported to be facing imminent criminal charges a couple of months since she was appointed the IMF boss. This criminal allegation has just been published in a local daily thus:

...She has denied any wrongdoing or illegality in the case which resulted in a big compensation payment for a private businessman out of public funds in 2008. Her lawyer branded the case politically motivated. The Court of Justice of the Republic, which hears charges against ministers arising during their term in office, approved "a judicial inquiry concerning Mrs Lagarde," presiding judge Gerard Palisse told reporters. It asked magistrates to investigate Lagarde's role in settling the financial dispute with a view to possible criminal charges. State prosecutors in a statement specified the charges to be investigated as "embezzlement of public funds" and "complicity in fraud" and said prosecutor Cecile Petit would formally request the probe "in the coming days". Lagarde's lawyer Yves Repiquet said the inquiry was "in no way incompatible" with her new role as managing director of the International Monetary Fund (IMF). He said he expected the case to be dismissed.

As a personality reading guru, I wish to take this early opportunity to inform all and sundry, and especially the feminists who celebrated her elevation to the stewardship of IMF. My own opinion is that I find her unprincipled and hence easily compromised by others. In these circumstance, unless other factors intervene, I doubt if she can withstand such an onslaught since she in culpable to such deals.

To me this shall not be the last of allegations that are bound to stalk and dominate her career at this prestigious institution. In this regard, my word of caution goes to the IMF Board: They should not go to sleep thinking that all is well at the  worlds prime financial center. That is, they should be prepared to closely monitor her decisions and actions lest she messes up the institution due to her wavy and capracious personality.