Corruption, Tycoon | featured news

Investigators search Paris home of IMF chief

Christine Lagarde - WC

A lawyer for IMF chief Christine Lagarde says French investigators have searched her Paris home today as part of an inquiry into her role in a $400 million arbitration deal in favor of a tycoon. The laywer, Yves Repiquet (eev ruh-PEE-kay), says Lagarde has nothing to hide and he welcomed Wednesday's search as another step in proving her innocence.

 

Hong Kong’s Kwok Brothers Arrested

An anti-corruption regulator said it had arrested Raymond and Thomas Kwok, billionaire brothers who run the biggest real estate company in the city, accusing them of suspected corruption.

 

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