New head of IMF Christine Lagarde
Media playback is unsupported on your device

IMF's Lagarde facing investigation

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.

Christian Fraser reports.

  • 04 Aug 2011