IMF head Lagarde probed for embezzlement—prosecutor | Inquirer Business

IMF head Lagarde probed for embezzlement—prosecutor

/ 10:19 PM August 04, 2011

PARIS—A French court ordered a probe for embezzlement and other fraud-related charges against IMF head Christine Lagarde dating to her time as France’s finance minister, a prosecutor said Thursday.

The prosecutor specified the charges after the court ordered magistrates to investigate Lagarde’s role in settling a financial dispute. She has denied any wrongdoing and her lawyer has branded the case politically motivated.

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TAGS: Christine Lagarde, Finance, France, fraud, IMF, Justice, politics

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