Ex-aide to IMF chief Lagarde charged in corruption probe

Stephane Richard, the head of telecoms company Orange and a former aide to IMF chief Christine Lagarde, was charged Wednesday with fraud in a corruption probe dating from her time as France's finance minister.

Richard was Lagarde's chief of staff when, in 2008, she sanctioned a state payout of 400 million euros ($515m) to disgraced tycoon Bernard Tapie.