THE arrest of International Monetary Fund (IMF) chief Dominique Strauss-Kahn on sexual assault accusations in New York throws into disarray not only the IMF’s leadership but also its central role in the financial rescue of several struggling European nations, The Wall Street Journal reported overnight.
Strauss-Kahn was arrested on Saturday over an alleged sexual assault of a maid in a Manhattan hotel, authorities said.
Call for IMF boss Strauss-Kahn to quit
AUSTRIA’S finance minister has called for IMF boss Dominique Strauss-Kahn to step down to avoid damaging the institution in the wake of his arrest for sexual assault.
Maria Fekter said that “considering the situation, that bail was denied, he has to figure out for himself, that he is hurting the institution”.