Europe

IMF Chief Lagarde Placed Under Formal Investigation in France

Tapied Out

Christine Lagarde is under fire from French judges in a scandal dating back to President Sarkozy—but she denies any wrongdoing and plans to soldier on in Washington.

Tracy McNicoll
Tracy McNicoll
articles/2014/08/27/imf-chief-lagarde-placed-under-formal-investigation-in-france/140827-lagarde-mcnicoll-tease_wwwbly
Andrew Cowie/AFP/Getty

PARIS, France — Christine Lagarde, one of the world’s most powerful women, has been placed under formal investigation for potential criminal negligence in Paris. The decision in a sinewy corruption inquiry known as the Tapie Affair stems from allegations dating back to 2008, during Lagarde’s tenure as France’s finance minister.

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Tracy McNicoll

Tracy McNicoll

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