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Ex-IMF Chief Allowed Free on $1 Million Bail

HeadlineMay 20, 2011

Former International Monetary Fund chief Dominique Strauss-Kahn has been granted $1 million bail following his arrest on allegations of attempted rape and sexual assault of a hotel maid. On Thursday, a New York City judge agreed to allow Strauss-Kahn’s release from the prison on Rikers Island to undergo 24-hour house arrest. District Attorney Cyrus Vance said a grand jury has indicted Strauss-Kahn on all charges.

Cyrus Vance: “Under American law, these are extremely serious charges. Based on the grand jury’s determination that the evidence supports the commission of non-consensual forced sexual acts, the defendant was indicted on all of the charges presented to the grand jury, including criminal sexual act in the first degree.”

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