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IMF chief Lagarde 'faces French trial' IMF chief Lagarde 'to stand trial in France'
(35 minutes later)
Court reportedly orders IMF chief Lagarde to stand trial for alleged negligence in finance case when French minister IMF chief Christine Lagarde is to stand trial in France for alleged negligence over a €400m (£291m; $434m) payment to a businessman in 2008, local media say.
This breaking news story is being updated and more details will be published shortly. Please refresh the page for the fullest version. Ms Lagarde, 59, was finance minister in President Nicolas Sarkozy's government at the time of the compensation award to businessman Bernard Tapie.
If you want to receive Breaking News alerts via email, or on a smartphone or tablet via the BBC News App then details on how to do so are available on this help page. You can also follow @BBCBreaking on Twitter to get the latest alerts. Mr Tapie supported Mr Sarkozy in the 2007 presidential election.
Mr Tapie was once a majority shareholder in Adidas but sold it in 1993 to become a cabinet minister.
He sued the Credit Lyonnais bank over its handling of the sale, alleging the partly state-owned bank had defrauded him by deliberately undervaluing the company.