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Strauss-Kahn Formally Charged with Criminal Sex Acts, Granted $1M Bail

Posted May 19, 2011 2:39 PM CDT
By Stephanie Francis Ward

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Updated: Dominique Strauss-Kahn, the French former IMF official accused of sexually assaulting a maid at New York’s Sofitel New York, was formally charged Thursday, Reuters reports.

The Manhattan Criminal Court grand jury indictment charges Strauss-Kahn with a criminal sexual act, attempted rape, sexual abuse, unlawful imprisonment and forcible touching. If convicted, he could face a 25-year prison sentence. Strauss-Kahn spent three nights in New York City’s Rikers Island jail.

Reuters reported in an update Thursday that he was granted $1 million cash bail. He can be released if he submits to 24-hour home detention monitoring, pay for an armed guard, and have a $5 million insurance bond.

Strauss-Kahn stepped down as managing director of the International Monetary Fund Wednesday.

"To all, I want to say that I deny with the greatest possible firmness all of the allegations that have been made against me,” he wrote in his resignation letter, according to an IMF statement.

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