Dominique Strauss-Kahn, the head of the International Monetary Fund, has been arrested on sexual attack charges. When arraigned in a New York City court, he was denied bail. Strauss-Kahn was imprisoned on suspicion of sexual assault and false imprisonment. He is supposedly attempted to rape a hotel worker. He is in custody at Riker’s Island.
Sexual charges for financer to face
The IMF head was brought into a NYC 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. He was accused of sexually assaulting a main in the Times Square hotel he was staying at, the Sofitel, which is why Dominique Straus-Kahn was detained Saturday for false imprisonment and sexual attack. He went before a judge on Monday after being arrested while boarding a plane for France, Reuters states. The attorneys that were prosecuting said he would be a flight risk. They said that if he had gone to France, the country would not have extradited him. He is at the Riker’s Island Correctional Facility right now after being denied bail.
Jail won’t stop IMF from operating
In spite of the head of the organization’s imprisonment, the International Monetary Fund is still carrying on, according to the LA Times. Kahn was supposed to be in Brussels when he was being arraigned, at a meeting with finance ministers from other European nations concerning a joint bailout package for the Portugal debt crisis between the IMF and the European Union, among other things. Another topic for the meeting was possible aid for Greece as the country’s debt crisis continues. Not several in Athens like Strauss-Kahn because of the forced austerity measures. Even so, the headline in an Athens paper said “the chambermaid blocks Greece!” in reaction. During all of this, Strauss-Kahn is stuck in The Tombs holding cells waiting for his next hearing. He is near the Riker’s Island Courthouse.
Fallout from scandal
Current president Nikolas Sarkozy was supposed to have Dominique Strauss-Kahn as competition in the coming election as he is a significant figure in the Socialist party in France. He will probably be exchanged. Francois Hollande or Martine Aubry could both do the job. Several people have been waiting to replace him in his job at the International Monetary Fund which is now up for grabs, the Telegraph states. Supposedly, former English prime minster Gordon Brown is hoping for the job. He doesn’t have an endorsement from current P.M. David Cameron though. Other possibilities include finance minister of France, Christine Lagarde, and former Germany finance minister Axel Weber.
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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