French investigating judges to begin probe into IMF's Lagarde

running dispute between the state and Tapie, a former government
minister, to binding arbitration in 2007.
Tapie, who had accused previously state-owned bank Credit Lyonnais
of defrauding him in the 1993 sale of his share in Adidas sportswear
company, came away with 285 million euros in compensation.
The size of the payout caused shock in France and saw questions
raised about whether Lagarde had been acting in the best interest of
the state.
Tapie had supported President Nicolas Sarkozy for president in
2007.
The CJR on August 4 said Lagarde would be investigated by three of
the court's judges for complicity in fraud and the misappropriation
of state funds.
Lagarde, 55, has denied any wrongdoing in the affair.
-- SPA