Wednesday 18 May 2011

Dominique Strauss-Kahn resigned Wednesday as head of the International Monetary Fund

Dominique Strauss-Kahn resigned Wednesday as head of the International Monetary Fund after explosive accusations that he had sexually attacked a housekeeper in a Midtown Manhattan hotel room.

“It is with infinite sadness that I feel compelled today to present to the Executive Board my resignation from my post of managing director of the I.M.F.,” he said in a statement dated Wednesday and issued shortly after midnight by the I.M.F. “I think at this time first of my wife — whom I love more than anything — of my children, of my family, of my friends.”

His resignation comes four days after Mr. Strauss-Kahn was taken off an Air France plane at Kennedy International Airport and arrested in connection with the accusations, and a day after Timothy F. Geithner, the Treasury secretary, called for his resignation.

Mr. Strauss-Kahn, a former French finance minister, had been expected to declare his candidacy for the French presidency soon. He was seen as one of the people figure most likely to oust President Nicolas Sarkozy.

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