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Lagarde, Parisian house searched

The Parisian home of the number one of the IMF was raided as part of the investigation into the Bernard Tapie – The hypothesis of a crime hanging over Lagarde and of complicity in the diversion of public funds and forgery, and refers to events that took place in 2007 , back when he was the French Minister of Economy.

Lagarde, Parisian house searched

The French financial police searched the Parisian home of the director general of the International Monetary Fund Christine Lagarde, as part of the Bernard Tapie investigation. The news was reported by Lagarde's lawyer, Yves Repiquet, who declared that "These searches will help exempt my client from any responsibility".

The crime hypothesis that hangs over the number one of the IMF is that of complicity in the diversion of public funds and forgery. The investigation, opened in 2011, refers to the legal dispute relating to the sale, which took place in 1993, of Adidas, then controlled by Tapie. The matter, in 2007, was settled through private arbitration by Lagarde, at the time Minister of the Economy.

The search of the Parisian home of the IMF director general follows those of the homes of Tapie and Stéphane Richard. Lagarde denied all accusations and categorically ruled out the resignation hypothesis.

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