Ex-IMF chief to be released on $1 million bail
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Former IMF chief Dominique Strauss-Kahn is expected to spend one more night in jail after being granted bail on charges he tried to rape a hotel maid in New York. New York State Supreme Court Judge Michael Obus approved the bail, but paperwork for Strauss-Kahn's release will not be signed until Friday, according to the court hearing.
The bail terms set for Strauss-Kahn include $1 million cash, home detention and electronic monitoring in New York. He strongly denied charges of a criminal sexual act, attempted rape, sexual abuse, unlawful imprisonment and forcible touching, in a letter announcing his resignation from the IMF on Wednesday. (Reuters)
