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Wed, 04/03/2024 - 10:34
Submitted by maithuy on Fri, 08/05/2011 - 10:13
A French court is to investigate the new head of the IMF for abuse of authority as French finance minister.

Christine Lagarde is accused of wrongly pressing a bank to enter binding arbitration over a dispute with a businessman who supported President Nicolas Sarkozy's election campaign.

Ms Lagarde denies misconduct. There is no suggestion she profited personally.

Ms Lagarde took over as managing director from Dominique Strauss-Kahn in July, following his arrest in May on charges of the attempted rape of a New York hotel maid.

BBC/VOVNews

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