WASHINGTON, March 20 (Xinhua) -- The Washington-based International Monetary Fund (IMF) on Wednesday declined to comment on the police search of the home of IMF Managing Director Christine Lagarde in Paris.
"As we have said before, it would not be appropriate to comment on a case that has been and is currently before the French judiciary," IMF chief spokesman Gerry Rice said in a statement.
"Prior to its selection of the Managing Director, however, the IMF's Executive Board discussed this issue and expressed its confidence that Madame Lagarde would be able to effectively carry out her duties as Managing Director," Rice said.
French police on Wednesday searched the home of Lagarde in Paris in an investigation into her handling of a scandal involving tycoon Bernard Tapie years ago.
Lagarde, former French Finance Minister, was tapped to serve as the chief of the global lender in 2011, succeeding Dominique Strauss-Kahn who resigned after being involved in a sexual assault case.