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This is an archive article published on May 21, 2011

IMF chief granted bail,will have to wear monitoring device

Former IMF chief Dominique Strauss-Kahn was granted 1 million bail under stringent conditions,which include tagging him with an electronic device.

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Former IMF chief Dominique Strauss-Kahn was on Friday granted 1 million bail under stringent conditions,which include tagging him with an electronic device.

He was formally indicted on all seven counts of sexually assaulting a hotel maid. Strauss-Kahn,62,would be detained at his Manhattan apartment.

The New York Supreme Court Judge Michael J Obus asked him to pay a bond of 5 million as he acknowledged a serious risk that Strauss-Kahn could attempt to flee.

On June 6,the court will hold an arraignment hearing in which the exact charges will be revealed. Thursday,Strauss-Kahn resigned from the IMF.

 

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