Strauss-Kahn resigns as IMF head amid scandal

Dominique Strauss-Kahn has resigned as managing director of the IMF with immediate effect.


In a statement to the IMF’s executive board, Strauss-Kahn said he presented his resignation with “infinite sadness” but intended to focus on proving his innocence.

The 62-year-old French national was arrested on Sunday and charged with a criminal sexual act, attempted rape and unlawful imprisonment.

“I want to protect this institution which I have served with honor and devotion, and especially – especially – want to devote all my strength, all my time, and all my energy to proving my innocence,” Strauss-Kahn said in his statement.

The IMF says it will communicate “in the near future” on the executive board’s process of selecting a new managing director. John Lipsky remains Acting Managing Director in the interim.




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