IMF Ex-leader Is Released on Bail in NYC

Friday, 20 May 2011 05:28 PM

 

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NEW YORK (AP) — Dominique Strauss-Kahn has been released from a New York City jail.

The former head of the International Monetary Fund posted $1 million cash and $5 million bond Friday.

The city Department of Correction said in a statement at 5:15 p.m. EDT (2315 GMT) that he was no longer on Rikers Island. He was released into custody of the security company that will be monitoring his house arrest.

Strauss-Kahn will be housed in lower Manhattan after his initial arrangement hit a snag. Prosecutors say objections from within the apartment building where he was initially to stay.

Armed guards will watch over him. He will also be monitored electronically.

The 62-year-old Strauss-Kahn has been jailed since Sunday after he was accused of trying to rape a maid at a Manhattan hotel.

He resigned his post at the IMF Wednesday.

© Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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