AOL.com Video - Authorities Search Paris Apartment of IMF Chief Lagarde

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Authorities Search Paris Apartment of IMF Chief Lagarde

Description:French authorities search the Paris apartment of IMF chief Christine Lagarde on Wednesday. Officials are investigating Lagarde's involvement in the so-called "Tapie Affair" - a controversial 2008 arbitration payment to billionaire Bernard Tapie - a supporter of former French president Nicolas Sarkozy. Tapie had sued the government - after selling his stake in the sports company Adidas - to then state-owned bank Credit Lyonnais. (1:08)

Source: Reuters

Tags: reuters , adidas , Bernard Tapie , Christine Lagarde