IMF board expresses confidence in Lagarde

Published August 29, 2014 9:32pm ET



WASHINGTON (AP) — The executive board of the International Monetary Fund expressed confidence Friday in IMF Managing Director Christine Lagarde after receiving a briefing on a French corruption probe in which Lagarde is being investigated.

In a brief statement, the 24-member board said it continues to have “confidence in the managing director’s ability to effectively carry out her duties.”

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