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IMF Chief Dominique Strauss-Kahn Resigns

Dominique Strauss-KahnDominique Strauss-Kahn, Managing Director of the International Monetary Fund has resigned his post from a New York City jail cell, where he is battling charges of sexual assault. The IMF released his letter of resignation early Thursday. Dated Wednesday May 18, Strauss-Kahn’s letter says he feels compelled to resign to protect the institution.

According to a report in the VOA News, he says he wants to devote all his strength, time, and energy to proving his innocence. Defense lawyers are seeking to get him released on bail, as a grand jury considers whether to formally indict the man who once was considered a leading French presidential hopeful.

Arguments for bail are set to be heard on Thursday. A judge ruled earlier this week that the wealthy, 62-year-old French national could be a flight risk.

Meanwhile, the hotel chambermaid whom the IMF chief has been accused of assaulting was reported to have testified against him Wednesday. A lawyer for the 32-year-old woman from Guinea said she would testify that there was “nothing consensual” about her encounter in Strauss-Kahn’s hotel room last week. The woman, a widowed mother, alleges that Strauss-Kahn groped and assaulted her in his luxurious hotel suite, and that he tried to rape her.

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