IMF’s Christine Lagarde suspected of corruption

IMF chief Christine Lagarde Photo: Reuters

From the (Conservative) Daily Telegraph in England:

French police raid IMF chief Christine Lagarde‘s flat in Bernard Tapie probe

French authorities have searched the Paris flat of IMF chief Christine Lagarde as part of an investigation into her handling of a 2008 compensation payment to a businessman supporter of ex-president Nicolas Sarkozy, her lawyer said.

By Andrew Trotman, and agencies

12:24PM GMT 20 Mar 2013

Police are investigating claims that Lagarde, when French Finance Minister under Nicolas Sarkozy, acted illegally in approving the €285m arbitration payout to Bernard Tapie.

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