PARIS: International Monetary Fund (IMF) chief Christine Lagarde avoided immediate charges Friday but was named an “assisted witness” after French prosecutors grilled her for two days over a state payout to a disgraced tycoon when she was finance minister.

Lagarde was questioned for a total of 24 hours by prosecutors working for a court that probes cases of ministerial misconduct over her 2007 handling of a row that resulted in 400 million euros ($515 million) being paid to controversial business figure Bernard Tapie.

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