first_imgA LAWYER FOR IMF chief Christine Lagarde says French investigators have searched her Paris home as part of an inquiry into her role in a €308 million arbitration deal in favour of a tycoon.The lawyer, Yves Repiquet, says Lagarde has nothing to hide and welcomed the search as another step in proving her innocence.Lagarde was France’s finance minister when magnate Bernard Tapie won a 2008 settlement with a state-owned bank over the mishandled sale of Adidas in the 1990s. Critics said the settlement was too generous.Questions about the settlement began before Lagarde was appointed head of the Washington-based International Monetary Fund after her predecessor, Dominique Strauss-Kahn, quit to face charges he tried to rape a New York hotel maid. The charges against Strauss-Kahn were dropped.- © AFP, 2013Read: Enda Kenny meets IMF chief Christine Lagarde in Dublin>last_img

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