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Strauss-Kahn Released on Bail Strauss-Kahn Released on Bail

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Homepage / Economy

Strauss-Kahn Released on Bail

May 19, 2011

Former director of the International Monetary Fund Dominique Strauss-Kahn was released on bail Friday, according to media report.

Strauss-Kahn, who had been jailed at Rikers Island after his arrest on sex abuse charges, was staying at a temporary place after the apartment he expected to stay at feel through, the Wall Street Journal reported.

A New York grand jury indicted Dominique Strauss-Kahn, the former head of the International Monetary Fund, on Thursday on charges that he sexually assaulted a female worker at the hotel where he was staying. 

 

(RELATED: Strauss-Kahn's Arrest Rattles the Globe)

Strauss-Kahn was granted $1 million bail with a $5 million bond and home detention during a subsequent bail hearing, the Associated Press reported.

The indictment included seven counts of sexual assault: two counts of criminal sexual acts in the first degree and one count each of attempted rape, sex abuse in the first degree, sexual abuse in the third degree, forcible touching, and unlawful imprisonment in the second degree, according to ABC News (via New York).

Strauss-Kahn stepped down as head of the IMF on Wednesday, days after he was arrested while boarding an Air France flight. The charges were not initially revealed, according to various media outlets that first reported the news of the indictment.

 

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