and `They` said Nigeria is corrupt !

Christine Lagarde has been convicted but not held accountable

Christine Lagarde convicted: IMF head found guilty of criminal charges over massive government payout

International Monetary Fund chief Christine Lagarde has been convicted over her role in a controversial €400m (£355m) payment to a businessman.

French judges found Ms Lagarde guilty of negligence for failing to challenge the state arbitration payout to the friend of former French President Nicolas Sarkozy.

The 60-year-old, following a week-long trial in Paris, was not given any sentence and will not be punished.