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| IMF chief resigns - sex assault allegations |
| By cbsnews.com |
| Published: 05/19/2011 |
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(CBS/WCBS/AP) NEW YORK - The head of the International Monetary Fund, Dominique Strauss-Kahn, stepped down from his post overnight amid the sex assault charges which could land him in prison for 25 years. Behind bars on New York's Rikers Island since Monday, Strauss-Kahn returned to a Manhattan courthouse Thursday to again ask for bail on the charges he sexually assaulted a hotel maid - a move seemed certain to face vigorous opposition by prosecutors. If approved by a judge, according to CBS station WCBS, he would likely have to post $1 million bail, wear an electronic monitoring bracelet, and remain in Manhattan under house arrest. Late Wednesday, Strauss-Kahn resigned as managing director of the International Monetary Fund, according to a letter released by its executive board. Read More. |
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