Thursday, May 19, 2011

Dominique Strauss-Kahn: Former IMF Head Bailed

THE DAILY TELEGRAPH: Dominique Strauss-Kahn was granted bail on Thursday after he was formally indicted over accusations he tried to rape a hotel maid.

New York State Supreme Court Judge Michael Obus said that MrStrauss-Kahn, 62, can be released on $1 million cash bail, and placed under 24-hour home detention with electronic monitoring - conditions that had been proposed by his lawyers.

The judge also said Mr Strauss-Kahn must have one armed guard at all times at his own expense and have a $5 million insurance bond.

His wife, French television journalist Anne Sinclair, and his daughter Camille Strauss-Kahn had arrived at the court arm in arm. Mr Strauss-Kahn arrived in court looking tired and was wearing a blue shirt, no tie, and a grey jacket.

The indictment, which was made by a grand jury, means formal charges have been brought and the case can proceed to trial if, as expected, he pleads not guilty.

Assistant District Attorney John McConnell told the court: "The proof against him is substantial. It is continuing to grow every day as the investigation continues." » | Jon Swaine, New York | Thursday, May 19, 2011