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Sarkozy placed under investigation

Sarkozy - BBC

French ex-president Nicolas Sarkozy has been placed under formal investigation over claims his 2007 election campaign received illegal donations from France's richest woman. Mr Sarkozy is accused of accepting thousands of euros from L'Oreal heiress Liliane Bettencourt, now aged 90.

 

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.

 

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