Head of the International Monetary Fund, Christine Lagarde, says she
has been placed under formal investigation for negligence in French
fraud case but has not been charged.
She has been questioned several times about her role in a 400m euro
(£318m; $527m) compensation payout to businessman Bernard Tapie in
2008.
Lagarde was finance minister in President Nicolas Sarkozy's government
at the time of the award.
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