AFP
March 20, 2013

French authorities searched the Paris apartment of IMF director Christine Lagarde on Wednesday as part of their investigation into her handling of a settlement paid out to Bernard Tapie in 2008 while she was French finance minister, her lawyer said.

French police searched the Paris apartment of IMF chief Christine Lagarde on Wednesday as part of an investigation into her awarding of a 2008 arbitration payment to a businessman supporter of ex-president Nicolas Sarkozy, her lawyer said.

Lagarde, who at the time was Sarkozy’s finance minister, has repeatedly denied wrongdoing in ending a judicial battle against billionaire Bernard Tapie and instead opting for arbitration.

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