(Photo Credit: Reuters/Philippe Wojazer)
By Mark John
IMF chief Christine Lagarde has been put under formal investigation by French magistrates for alleged negligence in a political fraud affair dating from 2008 when she was finance minister.
Lagarde was questioned by magistrates in Paris this week for a fourth time under her existing status as a witness in the long-running saga over allegations that tycoon Bernard Tapie won a large arbitration payout due to his political connections.
Related Reading:
Dominique Strauss-Kahning Christine Lagarde
Christine Lagarde Given Vote of Confidence by IMF Board