Arrested IMF chief resigns



New York : Dominique Strauss-Kahn has resigned as managing director of the International Monetary Fund, days after he was charged with the alleged sexual assault and attempted rape of a maid at a New York hotel.

The IMF's executive board released a letter from the French executive late on Wednesday in which he denied the allegations against him but said he felt compelled to resign "with sadness''.
"It is with infinite sadness that I feel compelled today to present to the executive board my resignation from my post of managing director of the IMF," Strauss-Kahn said in his letter of resignation.

"To all, I want to say that I deny with the greatest possible firmness all of the allegations that have been made against me," the statement added.

"I think at this time first of my wife - whom I love more than anything - of my children, of my family, of my friends.

"I think also of my colleagues at the fund; together we have accomplished such great things over the last three years and more.

The IMF chief will on Thursday for a second time request release on $1 million cash bail and placement under 24-hour house arrest while he awaits trial on charges of attempting to rape a hotel maid, his lawyers said. He is being held in New York’s notorious Rikers Island jail. “Yes there will definitely be a bail hearing tomorrow,” Manhattan District Attorney’s Office spokeswoman Erin Duggan told Reuters on Wednesday.

A mug shot of Strauss-Kahn, 62, taken more than 24 hours after he was pulled from a plane and detained on Saturday, showed him exhausted, his eyes downcast and half-closed and wearing a rumpled, open-neck shirt.

The photograph may fuel outrage in France over how a man who had been viewed as a strong contender for the French presidency has been paraded before the cameras before he has had a chance to defend himself in court.

Polls released in France on Wednesday showed 57 per cent of respondents thought the Socialist politician was definitely or probably the victim of a plot.

The woman Strauss-Kahn allegedly tried to rape, a 32-year-old widow from West Africa, testified on Wednesday before a grand jury. It will decide in secret whether there is enough evidence to formally press charges with an indictment.

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