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Lagarde confident of clearing her name: lawyer

Lagarde confident of clearing her name: lawyer
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The lawyer representing IMF chief Christine Lagarde in a judicial investigation for alleged abuse of power says she is confident of clearing her name.

Prosecutors want to probe her role in approving a large compensation payout to a businessman friend of Nicolas Sarkozy in July 2008 when she was French finance minister.

Lagarde’s lawyer Yves Repiquet said “her serenity on this issue is completely intact.”

The 55-year-old former corporate lawyer denies any misconduct. There is no suggestion she profited personally from her decision.

She took over as the head of the IMF when Dominique Strauss-Kahn resigned to defend himself against allegations of attempting to rape a hotel maid.