IMF supports leader Christine Lagarde in corruption investigation

Saturday 30 August 2014 22.29
Christine Lagarde denies any wrongdoing
Christine Lagarde denies any wrongdoing

The International Monetary Fund has expressed confidence in its leader Christine Lagarde, who was placed under investigation in France as part of a corruption inquiry.

In a statement, the IMF executive board said it was confident Ms Lagarde could continue to lead the organisation.

Ms Lagarde has been questioned about a dispute involving a prominent businessman when she was the French Finance Minister in 2008.

She denies any wrongdoing.