Ex-IMF chief calls charges 'personal nightmare'

23rd May 2011, Comments 0 comments

Ex-IMF managing director Dominique Strauss-Kahn told former colleagues that the sexual assault charges against him were a "personal nightmare" and insisted he would be cleared.

In an email dated Sunday and sent to International Monetary Fund staff around the world, a copy of which was obtained by AFP, Strauss-Kahn expressed "profound sadness and frustration" at having had to resign his position to face the charges.

"I deny in the strongest possible terms the allegations which I now face; I am confident that the truth will come out and I will be exonerated," he wrote.

"In the meantime, I cannot accept that the Fund --- and you dear colleagues -- should in any way have to share my own personal nightmare. So, I had to go."

The French politician was arrested on May 14 at New York's JFK airport on allegations by a chambermaid at the luxury Sofitel hotel in Times Square that he attacked her and tried to rape her just hours earlier.

He is under house arrest in a New York apartment after being released on bail. He is expected to appear in court again on June 6 to formally enter his plea, with a full trial likely months away.

The letter also counted the accomplishments of the Fund under Strauss-Kahn's lead, especially its response to the US and European financial crises of 2008-2010; the adjustment of the IMF's approaches to poorer countries; and the strengthening of its own finances.

He added praise for the IMF's "historic governance reforms, which have strengthened the sense of ownership across the entire global membership."

Under Strauss-Kahn's lead, the Fund undertook reforms in 2008 and 2010 that gave emerging economies a bigger say in its operations, after decades of being dominated by the United States, Western European powers, and Japan.

© 2011 AFP

0 Comments To This Article