Friday, May 20, 2011

IMF director quits, amidst sex charges

Dominique Strauss-Kahn tendered his resignation as head of International Monetary Fund due to accusations that he had sexually attacked a housekeeper in a Manhattan hotel room.Calls for his resignation have mounted since Saturday when he was taken off an Air France plane at Kennedy International Airport and arrested in connection with the accusations.
News of his arrest produced an earthquake of shock, outraged, disbelief and embarrassment throughout France, where Strauss-Kahn is touted to be the strongest candidate to oust President Nicolas Sarcozy.Strauss-Kahn, a wealthy French politician accustomed to high living and globe trotting, wants off Rickers Island, one of America's largest and roughest jail complexes.
His lawyers proposed posting $1 million cash bail and confining him to the home of his daughter, Camille, a Columbian University graduate student, 24 hrs a day with electronic monitoring.Another hearing is scheduled for Friday, the deadline for prosecutors to bring an indictment, agree to a preliminary hearing or release him.

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