IMF chief Lagarde's home searched by police

  1. French police have searched the Paris home of International Monetary Fund chief Christine Lagarde as part of an investigation into her role in settling a business dispute when she was finance minister, her lawyers said Wednesday.

    A French court said in August 2011 that it was investigating Lagarde's role in intervening in a long-running dispute between businessman Bernard Tapie and a French bank, Credit Lyonnais.

    Lagarde was accused of giving Tapie preferential treatment because of his support for former French President Nicolas Sarkozy. She has always denied any wrongdoing.
    Prior to joining the IMF, Lagarde was French finance minister for four years. ...

  2. 2 Comments

  3. by   tewdles
    France is odder than it should be...
  4. by   StNeotser
    Quote from tewdles
    France is odder than it should be...
    I find it quite refreshing that Hollande is actually investigating possible financial misdeeds at the highest levels.........which is more than can be said for either the USA or the UK.