Follow us on

Thursday, May 23, 2013 | 3:27 p.m.

Web Search by YAHOO!

Authorities Search Paris Apartment of IMF Chief Lagarde

French authorities search the Paris apartment of IMF chief Christine Lagarde on Wednesday. Officials are investigating Lagarde's involvement in the so-called "Tapie Affair" - a controversial 2008 arbitration payment to billionaire Bernard Tapie - a supporter of former French president Nicolas Sarkozy. Tapie had sued the government - after selling his stake in the sports company Adidas - to then state-owned bank Credit Lyonnais.
 

Hot topics