IMF head Lagarde's flat searched in Bernard Tapie probeSubmitted by celeste on Wed, 03/20/2013 - 10:01
As finance minister, she referred his long-running dispute with bank Credit Lyonnais to an arbitration panel, which awarded him 400m euros (£340m) damages.
Mr Tapie was a supporter of ex-President Nicolas Sarkozy.
Critics say she abused her authority but Ms Lagarde denies any wrongdoing.
"This search will help uncover the truth, which will contribute to exonerating my client from any criminal wrongdoing," Ms Lagarde's lawyer, Yves Repiquet, told the Reuters news agency.
Lagarde assumed the role of chief of the IMF in 2011 after her predecessor Dominique Strauss-Kahn resigned because of rape allegations.