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2011 May 20   05:08

Former IMF chief bailed for $1m over sex charges

The former IMF chief Dominique Strauss-Kahn has been bailed by a New York court as he faces trial for allegedly sexually assaulting a maid in a Manhattan hotel, the Guardian reports. He agreed to strict bail terms, including $5m insurance bond and order to remain under armed house arrest

Judge Michael Obus also told the former head of the International Monetary Fund to put up a $5 million bond, wear an electronic ankle bracelet, and surrender all travel documents.
 
Strauss-Kahn, 62, was indicted on all seven charges presented to a New York grand jury following his arrest for the alleged sexual assault of a chambermaid in his suite in the luxury Sofitel hotel on Saturday.

The judge said he had based his decision on the sole concern of the court: that Strauss-Kahn return to court to face justice.

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