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IMF's Lagarde to be questioned in French misconduct case: website

• ca.news.yahoo.com
 Lagarde, France's former finance minister, could be placed under formal investigation, Mediapart said citing unnamed sources.

Lagarde has denied she did anything wrong when she ended a court battle between the state and billionaire businessman Bernard Tapie by accepting arbitration to settle the dispute.

Magistrates from a special court that handles alleged abuses by government ministers suspect Lagarde of complicity in misusing public funds as finance minister when she overruled objections from advisers to go ahead with the arbitration.

As a result of the decision to accept arbitration, the state paid 285 million euros ($371.70 million) of taxpayers' money to Tapie.

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