The home of Christine Lagarde, the chief executive of the International Monetary Fund, has been searched by French police today.
Police are investigating whether Lagarde, when she was minister for finance, erred in agreeing to an arbitration to end a dispute with businessman Bernard Tapie.
Tapie won a €385 million award in damages over his company's sale of Adidas. He claimed Credit Lyonnais mishandled the sale.
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Get a Business Account for you and your team