Former I.M.F. Chief Granted $1 Million Bail and Home Detention

Wednesday, Dominique Strauss-Kahn resigned as head of the International Monetary Fund after explosive allegations that he had sexually attacked a cleaning lady in a midtown Manhattan hotel room. His resignation came just days after he was taken off an Air France plane at Kennedy International Airport and arrested in connection with the alleged attack. Mr. Strauss-Kahn, a former French finance minister, had been expected to declare his candidacy for the French presidency soon. He was seen as the figure most likely to oust President Nicolas Sarkozy. In issuing his resignation Wednesday, Mr. Strauss-Kahn said, “I want to say that I deny with the greatest possible firmness all all of the allegations that have been made against me.”

Today (Thursday), a Manhattan judge granted Dominique Strauss-Kahn bail, allowing the former head of the International Monetary Fund to stay with his wife in a Manhattan apartment while his sexual assault case is pending.

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