Dominique Strauss-Kahn, the head of the IMF, has been detained on sexual assault charges. When arraigned in a New York City court, he was denied bail. Strauss-Kahn was arrested on suspicion of sexual attack and false imprisonment. He is supposedly attempted to rape a hotel worker. He is in custody at Riker’s Island.
Director of international fund accusations
The International Monetary Fund head was brought into a New York City courtroom on Monday, May 16 and arraigned on charges of sexual assault and false imprisonment, states the Guardian. This will be among the highest profile sex scandals in years to come out. Strauss-Kahn was arrested on Saturday for sexual attack and false imprisonment after he was accused of sexually assaulting a hotel maid at Sofitel, the Times Square hotel he had been staying at. He went before a judge on Monday after being arrested while boarding a plane for France, Reuters reports. The attorneys that were prosecuting said he would be a flight risk. They said that if he had gone to France, the country wouldn’t have extradited him. He was denied bail and is now being held at Riker’s Island Correctional Facility.
Operation of IMF does not stop
The LA Times reports the International Monetary Fund has continued to run even though its head is in prison. Kahn missed a meeting with several finance ministers in Europe in Brussels because he was in arraignment. This meeting discussed the possibility of a joint bailout package for the Portugal debt crisis between the European Union and International Monetary Fund. There is still a Greece debt crisis. The topic of sending more aid was to be discussed as well. The headline “the chambermaid blocks Greece!” was shown in an Athens newspaper while the austerity measures in the country that were forced already have been destructive for Strauss-Kahn. While these matters are being discussed, Strauss-Kahn is in the holding cells near the Riker’s Island Courthouse called The Tombs, according to The Guardian, awaiting his next hearing.
Fallout from scandal
Dominique Strauss-Kahn is a prominent figure in the Socialist party in his native France and had been anticipated to challenge current president Nikolas Sarkozy in the coming elections. It is possible that Francois Hollande or Marine Aubry will replace him. His job at the International Monetary Fund is up for grabs, according to the Telegraph, and there are numerous people waiting in the wings to replace him. Even though current P.M. David Cameron won’t endorse former English prime minister Gordon Brown, he really wants the job. Axel Weber as a former finance minister of Germany is a possibility for the job. Christine Lagarde is also in the running as the current France finance minister.
Information from
The Telegraph
telegraph.co.uk/finance/dominique-strauss-kahn/8517119/Christine-Lagarde-and-Axel-Weber-front-runners-for-Dominique-Strauss-Kahns-IMF-role.html
Los Angeles Times
latimesblogs.latimes.com/washington/2011/05/ron-paul-imf-dominique-strauss-kahn.html
Reuters
reuters.com/article/2011/05/16/us-strausskahn-arrest-idUSTRE74D29F20110516
Los Angeles Times
latimes.com/news/nationworld/world/la-fg-euro-talks-20110517,0,2339845.story
The Guardian
guardian.co.uk/world/2011/may/17/dominique-strauss-kahn-court-appearance
The Guardian
guardian.co.uk/world/2011/may/15/strauss-kahn-arrest-hits-french-elections
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